Nevada § 603A.405 - “Affiliate” defined
Full text of Nevada Nevada Revised Statutes § 603A.405 — “Affiliate” defined, with citation guidance and answers to common questions.
§ 603A.405. “Affiliate” defined
“ Affiliate ” means an entity that shares common branding with another entity and controls, is
controlled by or is under common control with the other entity. For the purposes of this section, an entity shall be deemed to control another entity
if the entity: 1. Owns or has the power to vote at least half of the outstanding shares of any class
of voting security in the other entity; 2. Controls in any manner the election of a majority of the directors or persons exercising
similar functions to directors of the other entity; or 3. Has the power to exercise controlling influence over the management of the other
entity.
Frequently Asked Questions About Nevada § 603A.405
What does Nevada Revised Statutes § 603A.405 cover?
Section 603A.405 ("“Affiliate” 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 § 603A.405?
A common citation format is "Nevada Revised Statutes § 603A.405" (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 § 603A.405 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.