Nevada Revised Statutes
Chapter 91 - Commodities
NRS 91.240 - Applicability of NRS 91.190, 91.220 and 91.230.


1. NRS 91.190, 91.220 and 91.230 apply to persons who sell or offer to sell when:
(a) An offer to sell is made in this State; or
(b) An offer to buy is made and accepted in this State.
2. NRS 91.190, 91.220 and 91.230 apply to persons who buy or offer to buy when:
(a) An offer to buy is made in this State; or
(b) An offer to sell is made and accepted in this State.
3. For the purposes of this section, an offer to sell or to buy is made in this State, whether or not either party is then present in this State, when the offer:
(a) Originates from this State; or
(b) Is directed by the offeror to this State and received at the place to which it is directed, or at any post office in this State in the case of a mailed offer.
4. For the purposes of this section, an offer to buy or to sell is accepted in this State when acceptance:
(a) Is communicated to the offeror in this State; and
(b) Has not previously been communicated to the offeror, orally or in writing, outside this State.
Acceptance is communicated to the offeror in this State, whether or not either party is then present in this State, when the offeree directs it to the offeror in this State, reasonably believing the offeror to be in this State and it is received at the place to which it is directed, or at any post office in this State in the case of a mailed acceptance.
5. For the purposes of this section, an offer to sell or to buy is not made in this State when:
(a) The publisher circulates or there is circulated on behalf of the publisher in this State a bona fide newspaper or other publication of general, regular and paid circulation which is not published in this State, or which is published in this State but has had more than two-thirds of its circulation outside this State during the past 12 months; or
(b) A radio or television program originating outside this State is received in this State.
(Added to NRS by 1987, 1291)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 91 - Commodities

NRS 91.010 - Purpose; construction.

NRS 91.020 - Definitions.

NRS 91.030 - "Administrator" defined.

NRS 91.040 - "Board of trade" defined.

NRS 91.050 - "Commodity" defined.

NRS 91.060 - "Commodity contract" defined.

NRS 91.070 - "Commodity Exchange Act" defined.

NRS 91.080 - "Commodity Futures Trading Commission" defined.

NRS 91.090 - "Commodity merchant" defined.

NRS 91.100 - "Commodity option" defined.

NRS 91.110 - "Financial institution" defined.

NRS 91.120 - "Offer" defined.

NRS 91.130 - "Person" defined.

NRS 91.140 - "Precious metal" defined.

NRS 91.150 - "Sale" and "sell" defined.

NRS 91.160 - Administration.

NRS 91.170 - Cooperation with other agencies.

NRS 91.180 - Effect on chapter 90 of NRS.

NRS 91.190 - Sale or purchase of commodities prohibited; exceptions.

NRS 91.200 - Persons exempted.

NRS 91.210 - Transactions exempted.

NRS 91.220 - Prohibited activities of commodity merchant and board of trade.

NRS 91.230 - Fraudulent conduct.

NRS 91.240 - Applicability of NRS 91.190, 91.220 and 91.230.

NRS 91.250 - Liability of principals and agents.

NRS 91.260 - Regulations and orders.

NRS 91.270 - Orders: Procedure.

NRS 91.280 - Orders: Judicial review.

NRS 91.290 - Appointment of Administrator as attorney to receive service of process.

NRS 91.300 - Investigations and subpoenas.

NRS 91.310 - Enforcement by Administrator.

NRS 91.320 - Remedies for violation of this chapter.

NRS 91.330 - Remedies for violation of similar law of another jurisdiction.

NRS 91.340 - Criminal penalties.