{"data":{"id":"us-nv/nrs-463.488","jurisdiction":"us-nv","citation":"NRS 463.488","heading":"“Subsidiary” defined.","body":"“Subsidiary” means:\n1. A corporation any part of whose outstanding equity securities are:\n(a) Owned;\n(b) Subject to a power or right of control; or\n(c) Held with power to vote,\nÊ by a holding company or intermediary company; or\n2. A firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person, any interest in which is:\n(a) Owned;\n(b) Subject to a power or right of control; or\n(c) Held with power to vote,\nÊ by a holding company or intermediary company.","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","Corporations Generally"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-463.html#NRS463Sec488","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:40Z","sha256":"c77f739ce7d26b4b441cdd6eb1e429498f2858d0264ae55e41e0e09cdab915f5","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-463.487","next":"us-nv/nrs-463.489"},"notice":"GroundRules: Original legal text. Not legal advice."}