‘Person’ includes an individual, corporation, limited-liability company, partnership, association, joint stock company, trust, unincorporated organization or any similar entity, or any combination thereof acting in concert. The term does not include:

Terms Used In Nevada Revised Statutes 692C.080

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.

1.  Any joint venture partnership that is exclusively engaged in owning, managing, leasing or developing any real or tangible personal property; or

2.  Any securities broker performing no more than the usual and customary broker’s function.

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