Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES |
CHAPTER78. Private Corporations |
ACQUISITION OF CONTROLLING INTEREST |
NRS78.3784. “Control shares” defined.
Latest version.
- “Control shares” means those outstanding voting shares of an issuing corporation which an acquiring person and those persons acting in association with an acquiring person:
1. Acquire in an acquisition or offer to acquire in an acquisition; and
2. Acquire within 90 days immediately preceding the date when the acquiring person became an acquiring person.
(Added to NRS by 1987, 756)