Nevada Revised Statutes 463.4825 – ‘Affiliated company’ defined
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‘Affiliated company’ means a subsidiary company, holding company, intermediate company or any other form of business organization that:
Terms Used In Nevada Revised Statutes 463.4825
- 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.
1. Controls, is controlled by or is under common control with a licensee which is a corporation or limited-liability company; and
2. Is involved in gaming activities in this state or involved in the ownership of property in this state upon which gaming is conducted.