“Insider” defined

NAC 90.051 “Insider” defined. ( NRS 90.750 ) “Insider” includes a person who: 1. Owns or controls 10 percent or more of: (a) The voting stock of a corporation; (b) The membership interest of a limited-liability company; or (c) Any other equity interest in another type of entity; 2. Is: (a) An officer or director of a corporation; or (b) A manager or managing member of a limited-liability company; or 3. Is a spouse or other member of the household of: (a) An officer or director of a corporation; or (b) A manager or managing member of a limited-liability company. (Added to NAC by Sec’y of State, eff. 11-19-92; A by R018-21, 6-2-2023)