Nevada Revised Statutes 463.4869 – ‘Proscribed activity’ defined
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‘Proscribed activity’ means:
Terms Used In Nevada Revised Statutes 463.4869
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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. An activity that necessitates a change or amendment to the corporate charter, bylaws, management, policies or operation of a publicly traded corporation that is registered with the Commission;
2. An activity that materially influences or affects the affairs of a publicly traded corporation that is registered with the Commission; or
3. Any other activity determined by the Commission to be inconsistent with holding voting securities for investment purposes only.