NRS645H.510. Asset management company that is not natural person to designate natural person as qualified employee.

Latest version.

      1. If an asset management company is not a natural person, the company must designate a natural person as a qualified employee to act on behalf of the asset management company.

      2. As used in this section, “qualified employee” means:

      (a) A director, officer, member, employee, manager or trustee of a partnership, corporation or limited-liability company designated by the partnership, corporation or limited-liability company to act on the behalf of the partnership, corporation or limited-liability company; or

      (b) A person designated by a sole proprietorship who satisfies the requirements set forth in subsection 2 of NRS 645H.480.

(Added to NRS by 2011, 2824)

                    
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