Nev. Rev. Stat. » NRS: CHAPTER 78 - PRIVATE CORPORATIONS
Nevada Revised Statutes

Nev. Rev. Stat. § 78.3788 (2026)

“Issuing corporation” defined

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NRS 78.3788  “Issuing corporation” defined.  “Issuing corporation” means a corporation, as of any date, which is organized in this State and which:

      1.  Has 200 or more stockholders of record, at least 100 of whom have had addresses in this State appearing on the stock ledger of the corporation at all times during the 90 days immediately preceding such date; and

      2.  Does business in this State directly or through an affiliated corporation.

      (Added to NRS by 1987, 757; A 1989, 877; 1999, 1588; 2019, 97)

     

Notes of Decisions
Cited in 1 case, 1988–1988 · leading case: Batus, Inc. v. McKay, 684 F. Supp. 637 (D. Nev. 1988).
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Batus, Inc. v. McKay, 684 F. Supp. 637 (D. Nev. 1988). · cites it 15× “Among other arguments Batus contends (1) Farmers is an “issuing” corporation under Nev.Rev.Stat. § 78.3788 and therefore Nevada’s Takeover Act does not apply to the Batus tender offer and (2) the sixty-day limit on tender offers contained in Nev.”
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