Nevada § 349.270 - Securities sold publicly to be sold to responsible bidder making best bid; equal bids
Full text of Nevada Nevada Revised Statutes § 349.270 — Securities sold publicly to be sold to responsible bidder making best bid; equal bids, with citation guidance and answers to common questions.
§ 349.270. Securities sold publicly to be sold to responsible bidder making best bid; equal bids
1. If securities are sold publicly and subject to the right of the Commission to reject
any and all bids, the securities must be sold to the responsible bidder making the
best bid. 2. If there are two or more equal bids for the securities and such equal bids are
the best bids received and not less than the principal amount of the securities and
accrued interest, except for any permitted discount, the Commission shall determine
which bid must be accepted.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 349.270
What does Nevada Revised Statutes § 349.270 cover?
Section 349.270 ("Securities sold publicly to be sold to responsible bidder making best bid; equal bids") 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 § 349.270?
A common citation format is "Nevada Revised Statutes § 349.270" (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 § 349.270 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.