Nevada § 78.191 - “Distribution” defined
Full text of Nevada Nevada Revised Statutes § 78.191 — “Distribution” defined, with citation guidance and answers to common questions.
§ 78.191. “Distribution” defined
As 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.
Frequently Asked Questions About Nevada § 78.191
What does Nevada Revised Statutes § 78.191 cover?
Section 78.191 ("“Distribution” defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 78.191?
A common citation format is "Nevada Revised Statutes § 78.191" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 78.191 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.