Nev. Rev. Stat. § 463.1598

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 463.1598 - Regulations governing sale or offering for sale of securities
1. The Commission may:
(a) Adopt regulations governing the sale or offering for sale of securities, by public or other offerings, of any affiliated company of a corporate licensee.
(b) Pursue any remedy or combination of remedies provided in this chapter for a violation of any regulation adopted pursuant to this section, but any such violation does not affect the validity of the securities issued.
2. As used in this section, unless the context otherwise requires, "sale" means every contract of sale, contract to sell, disposition or transfer whether or not for value. The term includes any exchange and any material change in the rights, preferences, privileges or restrictions of or on outstanding securities.

NRS 463.1598

Added to NRS by 1981, 1073
Added to NRS by 1981, 1073