Nevada Revised Statutes 92A.320 – ‘Fair value’ defined
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‘Fair value,’ with respect to a dissenter’s shares, means the value of the shares determined:
Terms Used In Nevada Revised Statutes 92A.320
- Appraisal: A determination of property value.
1. Immediately before the effectuation of the corporate action to which the dissenter objects, excluding any appreciation or depreciation in anticipation of the corporate action unless exclusion would be inequitable;
2. Using customary and current valuation concepts and techniques generally employed for similar businesses in the context of the transaction requiring appraisal; and
3. Without discounting for lack of marketability or minority status.