692C.025 - “Acquisition” defined.

692C.025  “Acquisition” defined.  “Acquisition” means any agreement, arrangement or activity, the consummation of which results in a person directly or indirectly acquiring the control of another person. The term includes, but is not limited to:

      1.  The acquiring of a voting security;

      2.  The acquiring of any asset;

      3.  Bulk reinsurance; and

      4.  A merger.

      (Added to NRS by 2003, 3318)