Nevada Revised Statutes 603A.333 – ‘Sale’ defined
1. ’Sale’ means the exchange of covered information for monetary consideration by an operator or data broker to another person.
Terms Used In Nevada Revised Statutes 603A.333
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
2. The term does not include:
(a) The disclosure of covered information by an operator or data broker to a person who processes the covered information on behalf of the operator or data broker;
(b) The disclosure of covered information by an operator to a person with whom the consumer has a direct relationship for the purposes of providing a product or service requested by the consumer;
(c) The disclosure of covered information by an operator to a person for purposes which are consistent with the reasonable expectations of a consumer considering the context in which the consumer provided the covered information to the operator;
(d) The disclosure of covered information by an operator or data broker to a person who is an affiliate, as defined in NRS 686A.620, of the operator or data broker; or
(e) The disclosure or transfer of covered information by an operator or data broker to a person as an asset that is part of a merger, acquisition, bankruptcy or other transaction in which the person assumes control of all or part of the assets of the operator or data broker.