Controlling interest means the ownership of outstanding voting shares of an issuing corporation sufficient, but for the provisions of NRS 78.378 to 78.3793 , inclusive, to enable the acquiring person, directly or indirectly and individually or in association with others, to exercise: 1. One-fifth or more but less than one-third; 2. One-third or more but less than a majority; or 3. A majority or more, of all the voting power of the corporation in the election of directors.
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