Nevada § 463.488 “Subsidiary” defined

Nevada Statutes

§ 463.488 — “Subsidiary” defined

Nevada § 463.488

Title 41GAMING; HORSE RACING; SPORTING EVENTS

Ch. 463Licensing

General Provisions

This text of Nevada § 463.488 (“Subsidiary” 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. § 463.488 (2026).

Text

“Subsidiary” means: 1. A corporation any part of whose outstanding equity securities are:

(a)Owned;

(b)Subject to a power or right of control; or

(c)Held with power to vote, Ê by a holding company or intermediary company; or 2. A firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person, any interest in which is:

(a)Owned;

(b)Subject to a power or right of control; or

(c)Held with power to vote, Ê by a holding company or intermediary company.

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“Subsidiary” means:
1. A corporation any part of whose outstanding equity securities are:
(a) Owned;
(b) Subject to a power or right of control; or
(c) Held with power to vote,
Ê by a holding company or intermediary company; or
2. A firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person, any interest in which is:
(a) Owned;
(b) Subject to a power or right of control; or
(c) Held with power to vote,
Ê by a holding company or intermediary company.