Nevada Code § 78.442

Authorized combinations: Consideration to be received by disinterested holders of class or series of shares other than common shares
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As an alternative to a combination satisfying
the requirements of subsection 1 or 2 of NRS
78.439 , a combination with an interested stockholder of the resident
domestic corporation engaged in more than 2 years after the date that the
person first became an interested stockholder is permissible if the
requirements of NRS 78.441 , 78.443 and 78.444 are satisfied and the aggregate
amount of the cash and the market value, as of the date of consummation, of
consideration other than cash to be received per share by all of the holders of
outstanding shares of any class or series of shares, other than common shares,
of the resident domestic corporation not beneficially owned by the interested
stockholder immediately before that date is at least equal to the highest of
the following, whether or not the interested stockholder has previously
acquired any shares of the class or series of shares:
1. The highest price per share paid by the
interested stockholder, at a time when the interested stockholder was the
beneficial owner, directly or indirectly, of 5 percent or more of the
outstanding voting shares of the corporation, for any shares of that class or
series of shares acquired by the interested stockholder within 2 years
immediately before the date of announcement with respect to the combination or
within 2 years immediately before, or in, the transaction in which the person
became an interested stockholder, whichever is higher, plus, in either case,
interest compounded annually from the earliest date on which the highest price
per share was paid through the date of consummation at the rate for one-year
obligations of the United States Treasury in effect on that earliest date, less
the aggregate amount of any dividends paid in cash and the market value of any
dividends paid other than in cash, per share of the class or series of shares
since that earliest date.
2. The amount specified in the articles of
incorporation of the resident domestic corporation, including in any
certificate of designation for the class or series, to which the holders of
shares of the class or series of shares are entitled upon the consummation of a
transaction of a type encompassing the combination, determined as if the
transaction had been consummated on the date of consummation with respect to
the combination or on the date that the interested stockholder first became an
interested stockholder, whichever is higher or, if the articles of
incorporation, including any certificate of designation, do not so provide, the
highest preferential amount per share to which the holders of shares of the
class or series of shares are entitled in the event of any voluntary liquidation,
dissolution or winding up of the resident domestic corporation, plus the
aggregate amount of any dividends declared or due to which the holders are
entitled before payment of the dividends on some other class or series of
shares, unless the aggregate amount of the dividends is included in the
preferential amount.
3. The market value per share of the class
or series of shares on the date of announcement with respect to the combination
or on the date that the person first became an interested stockholder,
whichever is higher, plus interest compounded annually from that date through
the date of consummation at the rate for one-year obligations of the United
States Treasury in effect on that date, less the aggregate amount of any
dividends paid in cash and the market value of any dividends paid other than in
cash, per share of the class or series of shares since that date.

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