Nevada Revised Statutes 92A.015 – ‘Constituent entity’ defined
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‘Constituent entity’ means:
Terms Used In Nevada Revised Statutes 92A.015
- 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.
1. With respect to a merger, each merging or surviving entity;
2. With respect to an exchange, each entity whose owner’s interests will be acquired or each entity acquiring those interests; and
3. With respect to the conversion of an entity or a general partnership, the entity or general partnership that will be converted into another entity.