Nev. Rev. Stat. » NRS: CHAPTER 92A - MERGERS, CONVERSIONS, EXCHANGES AND DOMESTICATIONS
Nevada Revised Statutes

Nev. Rev. Stat. § 92A.480 (2026)

Dissenter’s estimate of fair value: Notification of subject corporation; demand for payment of estimate

✓ current as of July 2026
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NRS 92A.480  Dissenter’s estimate of fair value: Notification of subject corporation; demand for payment of estimate.

      1.  A dissenter paid pursuant to NRS 92A.460 who is dissatisfied with the amount of the payment may notify the subject corporation in writing of the dissenter’s own estimate of the fair value of his or her shares and the amount of interest due, and demand payment of such estimate, less any payment pursuant to NRS 92A.460. A dissenter offered payment pursuant to NRS 92A.470 who is dissatisfied with the offer may reject the offer pursuant to NRS 92A.470 and demand payment of the fair value of his or her shares and interest due.

      2.  A dissenter waives the right to demand payment pursuant to this section unless the dissenter notifies the subject corporation of his or her demand to be paid the dissenter’s stated estimate of fair value plus interest under subsection 1 in writing within 30 days after receiving the subject corporation’s payment or offer of payment under NRS 92A.460 or 92A.470 and is entitled only to the payment made or offered.

      (Added to NRS by 1995, 2091; A 2009, 1726)

     

Notes of Decisions
Cited in 1 case, 2011–2011 · leading case: Am. Ethanol, Inc. v. Cordillera Fund, 252 P.3d 663 (Nev. 2011).
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Am. Ethanol, Inc. v. Cordillera Fund, 252 P.3d 663 (Nev. 2011). “See NRS 92A.480. The district court provided that if there remained a dispute between the parties concerning the fair value of shares, then the court would determine that value.”
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