Nev. Admin. Code § 679B.826 - "Nonaffiliated third party" defined
1. "Nonaffiliated third party" means any person except:
(a) An affiliate of a licensee; or
(b) A person employed jointly by a licensee and any company that is not the affiliate of a licensee.
2. The term includes:
(a) Any other company that jointly employs the person; or
(b) Any company that is an affiliate solely by direct or indirect ownership, or control of the company by the licensee or its affiliate in conducting:
(1) Merchant banking or investment banking activities of the type described in 12 U.S.C. §
1843(k)(4)(H) of the Bank Holding Company Act of 1956; or
(2) Insurance company investment activities of the type described in 12 U.S.C. §
1843(k)(4)(I) of the Bank Holding Company Act of 1956.
Notes
NRS 679B.130, 686A.025
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