Nev. Rev. Stat. § 682A.069

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 682A.069 - "Equity interest" defined

"Equity interest" means any of the following that are not rated credit instruments:

1. Common stock;

2. Preferred stock;

3. A trust certificate;

4. An equity investment in an investment company, other than a money market mutual fund or a class one bond mutual fund;

5. An investment in a common trust fund of a bank regulated by a federal or state agency;

6. An ownership interest in minerals, oil or gas, the rights to which have been separated from the underlying fee interest in the real estate where the minerals, oil or gas are located;

7. Instruments which are mandatorily, or at the option of the issuer, convertible to equity;

8. Limited partnership interests and those general partnership interests authorized pursuant to paragraph (d) of subsection 1 of NRS 682A.380;

9. Member interests in a limited-liability company;

10. Warrants or other rights to acquire equity interests that are created by the person that owns or would issue the equity to be acquired; and

11. Instruments that would be rated credit instruments but for the provisions of subsection 2 of NRS 682A.177.

NRS 682A.069

Added to NRS by 2015, 3419; A 2021, 2958

Amended by 2021, Ch. 478,§8, eff. 10/1/2021.

Added by 2015, Ch. 522,§69, eff. 7/1/2015.