{"data":{"id":"us-nv/nrs-463.485","jurisdiction":"us-nv","citation":"NRS 463.485","heading":"“Holding company” defined.","body":"1. “Holding company” means any corporation, firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person which, directly or indirectly:\n(a) Owns;\n(b) Has the power or right to control; or\n(c) Holds with power to vote,\nÊ any part of the limited partnership interests, interests in a limited-liability company or outstanding voting securities of a corporation which holds or applies for a license.\n2. For the purposes of this section, in addition to any other reasonable meaning of the words used, a holding company “indirectly” has, holds or owns any power, right or security mentioned in subsection 1 if it does so through any interest in a subsidiary or successive subsidiaries, however many such subsidiaries may intervene between the holding company and the corporation, limited partnership or limited-liability company which holds or applies for a license.","path":["TITLE 41 — GAMING; HORSE RACING; SPORTING EVENTS","CHAPTER 463 - LICENSING AND CONTROL OF GAMING","LICENSING OF CORPORATIONS, LIMITED PARTNERSHIPS, LIMITED-LIABILITY COMPANIES AND OTHER SIMILAR ORGANIZATIONS","General Provisions"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-463.html#NRS463Sec485","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:40Z","sha256":"937f270ac7dc56befdff304408e6ddfe7d706d53e8d0d053d394af3b1507cd0c","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-463.4845","next":"us-nv/nrs-463.4855"},"notice":"GroundRules: Original legal text. Not legal advice."}
