Nevada Revised Statutes 463.487 – ‘Publicly traded corporation’ defined
1. ’Publicly traded corporation‘ means:
Terms Used In Nevada Revised Statutes 463.487
- 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.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
(a) Any corporation or other legal entity except a natural person which:
(1) Has one or more classes of securities registered pursuant to section 12 of the Securities Exchange Act of 1934, as amended (15 U.S.C. § 78l);
(2) Is an issuer subject to section 15(d) of the Securities Exchange Act of 1934, as amended (15 U.S.C. § 78o); or
(3) Has one or more classes of securities exempted from the registration requirements of section 5 of the Securities Act of 1933, as amended (15 U.S.C. § 77e), solely by reason of an exemption contained in section 3(a)10, 3(a)11 or 3(c) of the Securities Act of 1933, as amended (15 U.S.C. § 77c(a)(10), 77c(a)(11) and 77c(c), respectively) or 17 C.F.R. § 230.251 et seq.
(b) Any corporation or other legal entity created under the laws of a foreign country:
(1) Which has one or more classes of securities registered on that country’s securities exchange or over-the-counter market; and
(2) Whose activities have been found by the Commission to be regulated in a manner which protects the investors and the State of Nevada.
2. The term does not include any corporation or other legal entity which has securities registered or is an issuer pursuant to paragraph (a) of subsection 1 solely because it:
(a) Guaranteed a security issued by an affiliated company pursuant to a public offering; or
(b) Is considered by the Securities and Exchange Commission to be a coissuer of a public offering of securities pursuant to 17 C.F.R. § 230.140.