NRS
92A.400 Limitations on right of dissent: Assertion as to portions only
to shares registered to stockholder; assertion by beneficial stockholder.
1. A stockholder of record may assert
dissenter’s rights as to fewer than all of the shares registered in his or her
name only if the stockholder of record dissents with respect to all shares of
the class or series beneficially owned by any one person and notifies the
subject corporation in writing of the name and address of each person on whose
behalf the stockholder of record asserts dissenter’s rights. The rights of a
partial dissenter under this subsection are determined as if the shares as to
which the partial dissenter dissents and his or her other shares were registered
in the names of different stockholders.
2. A beneficial stockholder may assert
dissenter’s rights as to shares held on his or her behalf only if the
beneficial stockholder:
(a) Submits to the subject corporation the
written consent of the stockholder of record to the dissent not later than the
time the beneficial stockholder asserts dissenter’s rights; and
(b) Does so with respect to all shares of which
he or she is the beneficial stockholder or over which he or she has power to
direct the vote.
(Added to NRS by 1995,
2089; A 2009,
1723)
Notes of Decisions
Smith v. Kisorin USA, Inc., 254 P.3d 636 (Nev. 2011).
“See NRS 92A.400(2)(a); NRS 92A.440(5) (stating that when a stockholder “does not demand payment or deposit his or her certificates where required, each by the date set forth in the dissenter’s notice, [he or she] is not entitled to payment for his or her shares under this…”
Aerogrow Int'l, Inc. Vs. Dist. Ct. (radoff), 2021 NV 76 (Nev. 2021).
· cites it 14× “NRS 92A.400 [i.e., the statute requiring consent from the stockholder of record] is not entitled to payment for his or her shares under this chapter.”
Aerogrow Int'l, Inc. Vs. Dist. Ct. (radoff), 2021 NV 76 (Nev. 2021).
· cites it 7× “NRS 92A.400 [i.e., the statute requiring consent from the stockholder of record] is not entitled to payment for his or her shares under this chapter.”
Aerogrow Int'l, Inc. v. Dist. Ct. (radoff), 2021 NV 76 (Nev. 2021).
· cites it 7× “NRS 92A.400 [i.e., the statute requiring consent from the stockholder of record] is not entitled to payment for his or her shares under this chapter.”
— Nev. Rev. Stat. § 92A.400(2)(a) — 4 cases
Smith v. Kisorin USA, Inc., 254 P.3d 636 (Nev. 2011).
“See NRS 92A.400(2)(a); NRS 92A.440(5) (stating that when a stockholder “does not demand payment or deposit his or her certificates where required, each by the date set forth in the dissenter’s notice, [he or she] is not entitled to payment for his or her shares under this…”
Aerogrow Int'l, Inc. Vs. Dist. Ct. (radoff), 2021 NV 76 (Nev. 2021).
“NRS 92A.400 [i.e., the statute requiring consent from the stockholder of record] is not entitled to payment for his or her shares under this chapter.”
Aerogrow Int'l, Inc. Vs. Dist. Ct. (radoff), 2021 NV 76 (Nev. 2021).
“NRS 92A.400 [i.e., the statute requiring consent from the stockholder of record] is not entitled to payment for his or her shares under this chapter.”
Aerogrow Int'l, Inc. v. Dist. Ct. (radoff), 2021 NV 76 (Nev. 2021).
“NRS 92A.400 [i.e., the statute requiring consent from the stockholder of record] is not entitled to payment for his or her shares under this chapter.”
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