Nev. Admin. Code § 82.205

Current through December 12, 2024

Section 82.205 - Purpose for which corporation is organized; "fewer than 15 persons" interpreted; determination of relationships within third degree of consanguinity or affinity

For the purposes of NRS 82.392:

1. The Secretary of State will deem the purpose for which a corporation is organized, as required information pursuant to paragraph (d) of subsection 3 of that section, to be the same as the purpose set forth in the corporation's original articles of incorporation or amended articles of incorporation, as applicable.

2. The Secretary of State will interpret "fewer than 15 persons," as used in paragraph (b) of subsection 7 of that section, to mean that not more than 14 persons are solicited during each year for which the corporation files an annual list as required by subsection 3 of NRS 82.193.

3. The Secretary of State will determine relationships within the third degree of consanguinity or affinity pursuant to the following chart and instructions:

Consanguinity/Affinity Chart

Click here to view image.

INSTRUCTION:

For Consanguinity (relationship by blood) calculations:

Place the officers, directors, trustees or executive personnel for whom you need to establish relationships by consanguinity in the blank box. The labeled boxes will then list the relationship by title to the officers, directors, trustees or executive personnel and the degree of distance from the officers, directors, trustees or executive personnel.

Anyone in a box numbered 1, 2 or 3 is within the third degree of consanguinity.

For Affinity (relationship by marriage) calculations:

Place the spouse of the officers, directors, trustees or executive personnel for whom you need to establish relationships by affinity in the blank box. The labeled boxes will then list the relationship by title to the spouse and the degree of distance from the officers, directors, trustees or executive personnel by affinity.

A husband and wife are related in the first degree by marriage. For other relationships by marriage, the degree of relationship is the same as the degree of underlying relationship by blood.

Nev. Admin. Code § 82.205

Added to NAC by Sec'y of State by R147-13, eff. 3-28-2014

NRS 82.417