NRS 361.804 “Affiliate” defined.
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/nv/chapter-361-property-tax/361-804·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 361.804 “Affiliate” defined.
1. “Affiliate” means a person who, directly or indirectly, through one or more persons or intermediaries, controls, is controlled by or is under common control with a specified person.
2. As used in this section, “control” means:
(a)Direct or indirect ownership, control or possession of 50 percent or more of the equity ownership of a person; or
(b)Possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract or through other means.