Nevada § 463.623 - Regulations concerning certain corporate acquisitions, repurchases of securities and corporate defense tactics
Full text of Nevada Nevada Revised Statutes § 463.623 — Regulations concerning certain corporate acquisitions, repurchases of securities and corporate defense tactics, with citation guidance and answers to common questions.
§ 463.623. Regulations concerning certain corporate acquisitions, repurchases of securities and corporate defense tactics
1. The Commission shall adopt regulations providing for the review and approval of
corporate acquisitions opposed by management, repurchases of securities and corporate
defense tactics affecting corporate gaming licensees and publicly traded corporations
that are affiliated companies. The regulations must be consistent with: (a) The policy of this state as expressed in this chapter; (b) The provisions of this chapter; (c) The requirements of the Constitution of the United States; and (d) Federal regulation of securities. 2. The regulations must include, without limitation: (a) Procedures by which a person, before engaging in certain proscribed activities,
directly or indirectly, to materially influence or affect the affairs of a publicly
traded corporation that is registered with the Commission, must file an application
for a finding of suitability pursuant to NRS 463.643 ; (b) Provisions that determine which corporate activities, in addition to those described
in subsection 6 of NRS 463.643 , influence or affect the affairs of a corporation in such a way that the Commission
would require a person to file an application for a finding of suitability pursuant
to NRS 463.643 ; and (c) Provisions that ensure that a person is not unduly prohibited from lawfully exercising
any of his or her voting rights derived from being a shareholder of a publicly traded
corporation.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 463.623
What does Nevada Revised Statutes § 463.623 cover?
Section 463.623 ("Regulations concerning certain corporate acquisitions, repurchases of securities and corporate defense tactics") 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 § 463.623?
A common citation format is "Nevada Revised Statutes § 463.623" (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 § 463.623 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.