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NRS 32.110

“Affiliate” defined

Known as the Uniform Commercial Real Estate Receivership Act

The act spans §§ 32–32 (53 sections).

(Added to NRS by 2017, 1221)

“Affiliate” means:

1. With respect to an individual:

(a) A companion of the individual;

(b) A lineal ancestor or descendant, whether by blood or adoption, of:

(1) The individual; or

(2) A companion of the individual;

(c) A companion of an ancestor or descendant described in paragraph (b);

(d) A sibling, aunt, uncle, great aunt, great uncle, first cousin, niece, nephew, grandniece, or grandnephew of the individual, whether related by the whole or the half blood or adoption, or a companion of any of them; or

(e) Any other individual occupying the residence of the individual; and

2. With respect to a person other than an individual:

(a) Another person that directly or indirectly controls, is controlled by or is under common control with the person;

(b) An officer, director, manager, member, partner, employee or trustee or other fiduciary of the person; or

(c) A companion of, or an individual occupying the residence of, an individual described in paragraph (a) or (b).

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.