Nevada Revised Statutes 666.065 – Definitions
Current as of: 2023 | Check for updates
|
Other versions
As used in NRS 666.065 to 666.215, inclusive, unless the context otherwise requires:
Terms Used In Nevada Revised Statutes 666.065
- 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
1. To ‘acquire’ a bank means to obtain control of an existing bank or to establish a new bank.
2. ’Business trust’ means an organization in which a business or property is conveyed to trustees who manage the business or property for the benefit of the holders of the beneficial interest in the trust. The term does not include a voting trust.
3. ’Company’ means any corporation, business trust, association or similar entity, but does not include:
(a) A natural person; or
(b) A corporation of which a majority of the stock is owned by the United States or any state.