Distribution defined.
Nev. Rev. Stat. § 78.191
in effectAs used in NRS 78.191 to 78.307, inclusive, unless the context otherwise requires, the word distribution means a direct or indirect transfer of money or other property, other than its own shares or the incurrence of indebtedness by a corporation, to or for the benefit of all holders of shares of any one or more classes or series of the capital stock of the corporation, with respect to such shares. A distribution may be in the form of a declaration or payment of a dividend, a purchase, redemption or other acquisition of shares, a distribution of indebtedness, or otherwise.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-078.htmlFetched: 10/4/2026