‘Nevada business’ means a proprietorship, corporation, partnership, company, association, trust, unincorporated organization or other enterprise that:

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Terms Used In Nevada Revised Statutes 360.7583

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.

1.  Has a physical location and at least one full-time equivalent employee in this State, as determined in accordance with NRS 360.7589; and

2.  Is registered to transact business in this State.