Nevada § 463.485 “Holding company” defined

Nevada Statutes

§ 463.485 — “Holding company” defined

Nevada § 463.485

Title 41GAMING; HORSE RACING; SPORTING EVENTS

Ch. 463Licensing

General Provisions

This text of Nevada § 463.485 (“Holding company” defined) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 463.485 (2026).

Text

1. “Holding company” means any corporation, firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person which, directly or indirectly:

(a)Owns;

(b)Has the power or right to control; or

(c)Holds with power to vote, Ê any part of the limited partnership interests, interests in a limited-liability company or outstanding voting securities of a corporation which holds or applies for a license. 2. For the purposes of this section, in addition to any other reasonable meaning of the words used, a holding company “indirectly” has, holds or owns any power, right or security mentioned in subsection 1 if it does so through any interest in a subsidiary or successive subsidiaries, however many such subsidiaries may intervene bet

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1. “Holding company” means any corporation, firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person which, directly or indirectly:
(a) Owns;
(b) Has the power or right to control; or
(c) Holds with power to vote,
Ê any part of the limited partnership interests, interests in a limited-liability company or outstanding voting securities of a corporation which holds or applies for a license.
2. For the purposes of this section, in addition to any other reasonable meaning of the words used, a holding company “indirectly” has, holds or owns any power, right or security mentioned in subsection 1 if it does so through any interest in a subsidiary or successive subsidiaries, however many such subsidiaries may intervene between the holding company and the corporation, limited partnership or limited-liability company which holds or applies for a license.