78.3784 - “Control shares” defined.

78.3784  “Control shares” defined.  “Control shares” means those outstanding voting shares of an issuing corporation which an acquiring person and those persons acting in association with an acquiring person:

      1.  Acquire in an acquisition or offer to acquire in an acquisition; and

      2.  Acquire within 90 days immediately preceding the date when the acquiring person became an acquiring person.

      (Added to NRS by 1987, 756)