Affiliate defined.
Nev. Rev. Stat. § 361.804
in effect1. Affiliate means a person who, directly or indirectly, through one or more persons or intermediaries, controls, is controlled by or is under common control with a specified person.
2. As used in this section, control means:
(a) Direct or indirect ownership, control or possession of 50 percent or more of the equity ownership of a person; or
(b) Possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract or through other means.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-361.htmlFetched: 10/4/2026