Nev. Rev. Stat. § 90.295

“Security” defined

Find cases: SyfertCases citing this section NRSleg.state.nv.us (official) Justiaon Justia CornellLII Search CasesGoogle Scholar
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
State v. Friend (2002) nev · cites it 7× “0" encoding="utf-8"?> *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 (2024) nvd · cites it 6× “…an interest in a 13 limited-liability company, or investment contract. 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.” See Nev. Rev. Stat. § 90.295 <pre class”
Baroi v. Platinum Condominium Development, LLC (2012) nvd “§ 90.295. An interest in a common-interest community, such as a condominium, is not a security under Nevada law.”
Morgan v. Bash (2021) nvd · cites it 2× “23 26 See Nev. Rev. Stat. §§ 90.295 (defining security), 90.”
Beauregard v. Sampson (2024) nvd · 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 (2017) nev “" NRS 90.295. In the context of 2Although it does appear that the district court improperly analyzed Nype&#x27;s action based on criteria under federal law, the district court did a complete analysis based solely on Nevada law and ultimately reached the correct result.”
Las Vegas Land Partners LLC v. Nype C/W 70520 (2017) nev “" NRS 90.295. In the context of 2Although it does appear that the district court improperly analyzed Nype&#x27;s action based on criteria under federal law, the district court did a complete analysis based solely on Nevada law and ultimately reached the correct result.”
Georgiou Family Trust v. Ruthen (2022) nvd “Plaintiffs sue Defendants for damages, alleging violation of Section 15 10(b) of the Exchange Act and SEC Rule 10b-5; violation of NRS 90.295; breach of fiduciary 16 duty; intentional and negligent fraud; breach of contract; rescission; negligence; accounting; and 17 fraudulent…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.