Nev. Rev. Stat. § 682A.223

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

Section 682A.223 - "Warrant" defined

"Warrant" means an instrument that:

1. Gives the holder the right to purchase an underlying financial instrument at a given price and time or at a series of prices and times outlined in the warrant agreement; and

2. Is issued alone or in connection with the sale of other securities, including, without limitation, as part of a merger or recapitalization agreement, or to facilitate the divestiture of the securities of another business entity.

NRS 682A.223

Added to NRS by 2015, 3425

Added by 2015, Ch. 522,§130, eff. 7/1/2015.