Nevada § 682A.255 Presumptive control

Nevada Statutes

§ 682A.255 — Presumptive control

Nevada § 682A.255

Title 57INSURANCE

Ch. 682AInvestments

Provisions Relating to Certain Defined Terms

This text of Nevada § 682A.255 (Presumptive control) 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. § 682A.255 (2026).

Text

1.Control, as defined in NRS 682A.047 , shall be deemed to exist if a person, directly or indirectly, owns, controls, holds with the power to vote or holds proxies representing 10 percent or more of the voting securities of another person.

2.A presumption of control may be rebutted by a showing that control does not exist in fact.

3.The Commissioner may determine, after furnishing all interested persons notice and an opportunity to be heard and making specific findings of fact to support the determination, that control exists in fact, notwithstanding the absence of a presumption to that effect.

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1. Control, as defined in NRS 682A.047 , shall be deemed to exist if a person, directly or indirectly, owns, controls, holds with the power to vote or holds proxies representing 10 percent or more of the voting securities of another person.
2. A presumption of control may be rebutted by a showing that control does not exist in fact.
3. The Commissioner may determine, after furnishing all interested persons notice and an opportunity to be heard and making specific findings of fact to support the determination, that control exists in fact, notwithstanding the absence of a presumption to that effect.