Nevada § 90.275 - “Promoter” defined
Full text of Nevada Nevada Revised Statutes § 90.275 — “Promoter” defined, with citation guidance and answers to common questions.
§ 90.275. “Promoter” defined
“Promoter” includes: 1. A person who, acting alone or in concert with one or more other persons, takes
the entrepreneurial initiative in founding or organizing the business or enterprise
of an issuer; 2. An officer or director who owns any securities of an issuer or any person who owns,
beneficially or of record, 10 percent or more of any class of securities of the issuer
if the officer, director or other person acquires any of those securities within 3
years before the issuer files a registration under this chapter in a transaction which
does not possess the indicia of bargaining at arm's length; and 3. A member of the immediate family of a person within subsection 1 or 2 if the member
received the securities in a transaction which does not possess the indicia of bargaining
at arm's length.
Frequently Asked Questions About Nevada § 90.275
What does Nevada Revised Statutes § 90.275 cover?
Section 90.275 ("“Promoter” 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 § 90.275?
A common citation format is "Nevada Revised Statutes § 90.275" (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 § 90.275 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.