{"data":{"id":"us-nv/nrs-92a.420","jurisdiction":"us-nv","citation":"NRS 92A.420","heading":"Prerequisites to demand for payment for shares.","body":"1. If a proposed corporate action creating dissenter’s rights is submitted to a vote at a stockholders’ meeting, a stockholder who wishes to assert dissenter’s rights with respect to any class or series of shares:\n(a) Must deliver to the subject corporation, before the vote is taken, a statement of intent with respect to the proposed corporate action; and\n(b) Must not vote, or cause or permit to be voted, any of the stockholder’s shares of such class or series in favor of the proposed corporate action.\n2. If a proposed corporate action creating dissenter’s rights is taken without a vote of the stockholders or submitted for approval pursuant to a written consent of the stockholders, a stockholder who wishes to assert dissenter’s rights with respect to any class or series of shares:\n(a) If an advance notice statement is sent by the subject corporation pursuant to NRS 92A.410, must deliver a statement of intent with respect to any class or series of shares to the subject corporation by the date specified in the advance notice statement; and\n(b) Must not consent to or approve the proposed corporate action with respect to such class or series.\n3. A stockholder who does not satisfy the requirements of subsection 1 or 2 and NRS 92A.400 is not entitled to payment for his or her shares under this chapter.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 92A - MERGERS, CONVERSIONS, EXCHANGES AND DOMESTICATIONS","RIGHTS OF DISSENTING OWNERS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-092A.html#NRS092ASec420","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"c7e8af299aa219fe44c9092a31c29b7fb0c820493845161d3553ecb650366dd7","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-92a.410","next":"us-nv/nrs-92a.430"},"notice":"GroundRules: Original legal text. Not legal advice."}