Nevada Revised Statutes

Nev. Rev. Stat. § 90.295 (2026)

“Security” defined

✓ current as of July 2026
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NRS 90.295  “Security” defined.  “Security” means a note, stock, bond, debenture, evidence of indebtedness, certificate of interest or participation in a profit-sharing agreement, a limited partnership interest, an interest in a limited-liability company, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, viatical settlement investment, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in an oil, gas or other mineral lease or in payments out of production of such a lease, right or royalty, a put, call, straddle or option on a security, certificate of deposit or group or index of securities including any interest therein or based on the value of any of the foregoing, or, in general, any interest or instrument commonly known as a security or any certificate of interest or participation in, temporary or interim certificate for, receipt for, whole or partial guarantee of or warrant or right to subscribe to or purchase any of the foregoing. The term does not include:

      1.  An insurance or endowment policy or annuity contract under which an insurance company promises to pay a fixed sum of money either in a lump sum or periodically for life or some other specified period; or

      2.  An interest in a contributory or noncontributory pension or welfare plan subject to the Employee Retirement Income Security Act of 1974.

      (Added to NRS by 1987, 2152; A 1989, 160; 1995, 1442; 2009, 1825)

     

Notes of Decisions
Cited in 8 cases (4 in the last 5 years), 2002–2024 · leading case: State v. Friend, 40 P.3d 436 (Nev. 2002).
State v. Friend, 40 P.3d 436 (Nev. 2002). · cites it 7× “*118 OPINION Per Curiam: In this case, we are asked to determine the meaning of the word “note,” as defined as a “security,” under NRS 90.295 of the Nevada Uniform Securities Act (“the Act”).”
Beauregard v. Sampson (D. Nev. 2024). · cites it 6× “Nev. Rev. Stat. § 90.295 . 14 3. The Court finds that the contract between the parties falls within the statutory definition of a 15 “security.”
Baroi v. Platinum Condo. Dev., LLC, 914 F. Supp. 2d 1179 (D. Nev. 2012). “§ 90.295. An interest in a common-interest community, such as a condominium, is not a security under Nevada law.”
Morgan v. Bash (D. Nev. 2021). · cites it 2× “McCown, Berkley Enterprises, Inc., and Pepperdine Enterprises, Inc.”
Beauregard v. Sampson (D. Nev. 2024). · cites it 2× “The Court outright rejects this argument, as its prior 9 Order clarified how the contractual ownership interest in EnvyTV is considered a security under 10 Section 90.295 of the Nevada Revised Statutes (“NRS”).”
Las Vegas Land Partners LLC v. Nype C/W 70520 (Nev. 2017). “220 defines a Iblroker-dealer" as "any person engaged in the business of effecting transactions in securities for the account of others or for the person's own account." Securities are statutorily defined, and include, among other things, "an interest in a limited-liability…”
Las Vegas Land Partners LLC v. Nype C/W 70520 (Nev. 2017). “220 defines a Iblroker-dealer" as "any person engaged in the business of effecting transactions in securities for the account of others or for the person's own account." Securities are statutorily defined, and include, among other things, "an interest in a limited-liability…”
Georgiou Fam. Trust v. Ruthen (D. Nev. 2022). “Plaintiffs move to amend their complaint to address jurisdictional facts, drop 18 a breach of contract claim against Defendant Ruthen, and add a new one for elder abuse.”
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