Fair value defined.
Nev. Rev. Stat. § 92A.320
in effectFair value, with respect to a dissenters shares, means the value of the shares determined:
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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-092A.htmlFetched: 10/4/2026
