Nev. Rev. Stat. § 676A.030

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 676A.030 - "Affiliate" defined

"Affiliate" means:

1. With respect to an individual:
(a) The spouse of the individual;
(b) A sibling of the individual or the spouse of a sibling;
(c) An individual or the spouse of an individual who is a lineal ancestor or lineal descendant of the individual or the individual's spouse;
(d) An aunt, uncle, great aunt, great uncle, first cousin, niece, nephew, grandniece or grandnephew, whether related by the whole or the half blood or adoption, or the spouse of any of them; or
(e) Any other individual occupying the residence of the individual; and
2. With respect to an entity:
(a) A person that directly or indirectly controls, is controlled by or is under common control with the entity;
(b) An officer of, or an individual performing similar functions with respect to, the entity;
(c) A director of, or an individual performing similar functions with respect to, the entity;
(d) Subject to adjustment of the dollar amount pursuant to subsection 6 of NRS 676A.730, a person that receives or received more than $25,000 from the entity in either the current year or the preceding year or a person that owns more than 10 percent of, or an individual who is employed by or is a director of, a person that receives or received more than $25,000 from the entity in either the current year or the preceding year;
(e) An officer or director of, or an individual performing similar functions with respect to, a person described in paragraph (a);
(f) The spouse of, or an individual occupying the residence of, an individual described in paragraphs (a) to (e), inclusive; or
(g) An individual who has the relationship specified in paragraph (d) of subsection 1 to an individual or the spouse of an individual described in paragraphs (a) to (e), inclusive.

NRS 676A.030

Added to NRS by 2009, 1970
Added to NRS by 2009, 1970