Nevada Code § 78.379

Voting rights of acquiring person; meeting of stockholders; statements to accompany notice of meeting
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1. An acquiring person and those acting in
association with an acquiring person obtain only such voting rights in the
control shares as are conferred by a resolution of the stockholders of the
corporation, approved at a special or annual meeting of the stockholders.
2. If an acquiring person so requests in
an offerors statement delivered pursuant to NRS
78.3789 , and if the acquiring person gives an undertaking to pay the
expenses of the meeting, the directors of the corporation shall, within 10 days
after delivery of the statement, call a special meeting of the stockholders to
determine the voting rights to be accorded the control shares.
3. A notice of any meeting of stockholders
at which the question of voting rights is to be determined must be accompanied
by:
(a) A complete copy of the offerors statement;
and
(b) A statement of the board of directors of the
corporation setting forth the position of the board with respect to the
acquisition or, if it is the case, stating that the board makes no
recommendation concerning the matter.
4. A special meeting of stockholders
called pursuant to this section:
(a) Must not be held before the expiration of 30
days after the delivery of the offerors statement, unless the statement
contains a request that the meeting be held sooner.
(b) Must be held within 50 days after the
delivery of the statement, unless the acquiring person otherwise agrees in
writing that the meeting may be held after that time.
5. If the offerors statement does not
include a request that a special meeting be called, the question of voting
rights must be presented to the next special or annual meeting of the
stockholders.

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