Section 679B.814 - "Control" defined"Control" means:
1. Ownership or power to vote, directly or indirectly, 25 percent or more of the outstanding shares of any class of voting security of the company;2. Directing, in any manner, the election of a majority of the directors, trustees, general partners or other persons exercising similar functions of the company; or3. The power to exercise, directly or indirectly, a controlling influence over the management or policies of the company.Nev. Admin. Code § 679B.814
Added to NAC by Comm'r of Insurance by R130-01, eff. 12-17-2002