Nevada Revised Statutes
Chapter 92A - Mergers, Conversions, Exchanges and Domestications
NRS 92A.110 - Authority for exchange; approval, contents and form of plan of exchange.


1. Except as a corporation is limited by NRS 78.411 to 78.444, inclusive, one or more domestic entities may acquire all of the outstanding owner’s interests of one or more classes or series of another entity not already owned by the acquiring entity or an affiliate thereof if the plan of exchange is approved pursuant to the provisions of this chapter.
2. The plan of exchange must set forth:
(a) The name and jurisdiction of organization of each constituent entity;
(b) The name, jurisdiction of organization and kind of each entity whose owner’s interests will be acquired by one or more other entities;
(c) The terms and conditions of the exchange; and
(d) The manner and basis, if any, of exchanging the owner’s interests to be acquired for owner’s interests, rights to purchase owner’s interests, or other securities of the acquiring or any other entity or for cash or other property in whole or in part or cancelling such owner’s interests in whole or in part.
3. The plan of exchange may set forth other provisions relating to the exchange.
4. This section does not limit the power of a domestic entity to acquire all or part of the owner’s interests or one or more class or series of owner’s interests of another person through a voluntary exchange or otherwise.
5. The plan of exchange must be in writing.
(Added to NRS by 1995, 2080; A 1997, 726; 2005, 2201)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 92A - Mergers, Conversions, Exchanges and Domestications

NRS 92A.005 - Definitions.

NRS 92A.006 - "Advance notice statement" defined.

NRS 92A.007 - "Approval" and "vote" defined.

NRS 92A.0075 - "Articles," "articles of incorporation" and "certificate of incorporation" defined.

NRS 92A.008 - "Business trust" defined.

NRS 92A.009 - "Charter document" defined.

NRS 92A.010 - "Constituent document" defined.

NRS 92A.015 - "Constituent entity" defined.

NRS 92A.020 - "Domestic" defined.

NRS 92A.022 - "Domestic business trust" defined.

NRS 92A.025 - "Domestic corporation" defined.

NRS 92A.027 - "Domestic general partnership" defined.

NRS 92A.030 - "Domestic limited-liability company" defined.

NRS 92A.035 - "Domestic limited partnership" defined.

NRS 92A.040 - "Domestic nonprofit corporation" defined.

NRS 92A.045 - "Entity" defined.

NRS 92A.050 - "Exchange" defined.

NRS 92A.055 - "Foreign" defined.

NRS 92A.060 - "Limited partner" defined.

NRS 92A.070 - "Member" defined.

NRS 92A.073 - "Nonprofit cooperative corporation" defined.

NRS 92A.075 - "Owner" defined.

NRS 92A.080 - "Owner’s interest" defined.

NRS 92A.083 - "Principal office" defined.

NRS 92A.090 - "Resulting entity" defined.

NRS 92A.092 - "Senior executive" defined.

NRS 92A.095 - "Statement of intent" defined.

NRS 92A.098 - Notice and other communications.

NRS 92A.100 - Authority for merger; approval, contents and form of plan of merger.

NRS 92A.105 - Authority for conversion; approval, form and contents of plan of conversion.

NRS 92A.110 - Authority for exchange; approval, contents and form of plan of exchange.

NRS 92A.120 - Approval of plan of merger, conversion or exchange for domestic corporation.

NRS 92A.130 - Approval of plan of merger for domestic corporation: Conditions under which action by stockholders of surviving corporation is not required.

NRS 92A.133 - Circumstances under which vote of stockholders of domestic corporation not required to authorize merger in which domestic corporation is constituent entity.

NRS 92A.135 - Approval of plan of conversion for domestic general partnership.

NRS 92A.140 - Approval of plan of merger, conversion or exchange for domestic limited partnership.

NRS 92A.150 - Approval of plan of merger, conversion or exchange for domestic limited-liability company.

NRS 92A.160 - Approval of plan of merger or exchange for domestic nonprofit corporation.

NRS 92A.162 - Approval of plan of merger, conversion or exchange for nonprofit cooperative corporation.

NRS 92A.165 - Approval of plan of merger, conversion or exchange for domestic business trust.

NRS 92A.170 - Abandonment of planned merger, conversion or exchange before filing of articles.

NRS 92A.175 - Termination of planned merger, conversion or exchange after filing of articles.

NRS 92A.180 - Merger of subsidiary into parent or parent into subsidiary.

NRS 92A.190 - Merger or exchange with foreign entity.

NRS 92A.195 - Conversion of foreign or domestic entity or foreign or domestic general partnership.

NRS 92A.200 - Filing requirements for mergers or exchanges; dependency of terms of plan of merger, conversion or exchange on extrinsic facts.

NRS 92A.205 - Filing requirements for conversions.

NRS 92A.207 - Form required for filing of records.

NRS 92A.210 - Filing fees.

NRS 92A.220 - Duty when entire plan of merger, conversion or exchange is not set forth in articles.

NRS 92A.230 - Signing of articles of merger, conversion or exchange.

NRS 92A.240 - Effective date and time of merger, conversion or exchange; articles of termination.

NRS 92A.250 - Effect of merger, conversion or exchange.

NRS 92A.260 - Liability of owner after merger, conversion or exchange.

NRS 92A.270 - Domestication of undomesticated organization.

NRS 92A.280 - Cancellation of filings.

NRS 92A.300 - Definitions.

NRS 92A.305 - "Beneficial stockholder" defined.

NRS 92A.310 - "Corporate action" defined.

NRS 92A.315 - "Dissenter" defined.

NRS 92A.320 - "Fair value" defined.

NRS 92A.325 - "Stockholder" defined.

NRS 92A.330 - "Stockholder of record" defined.

NRS 92A.335 - "Subject corporation" defined.

NRS 92A.340 - Computation of interest.

NRS 92A.350 - Rights of dissenting partner of domestic limited partnership.

NRS 92A.360 - Rights of dissenting member of domestic limited-liability company.

NRS 92A.370 - Rights of dissenting member of domestic nonprofit corporation.

NRS 92A.380 - Right of stockholder to dissent from certain corporate actions and to obtain payment for shares.

NRS 92A.390 - Limitations on right of dissent: Stockholders of certain classes or series; action of stockholders not required for plan of merger; shares of stock not issued and outstanding on date of first announcement of proposed action.

NRS 92A.400 - Limitations on right of dissent: Assertion as to portions only to shares registered to stockholder; assertion by beneficial stockholder.

NRS 92A.410 - Notification of stockholders regarding right of dissent.

NRS 92A.420 - Prerequisites to demand for payment for shares.

NRS 92A.430 - Dissenter’s notice: Delivery to stockholders entitled to assert rights; contents.

NRS 92A.440 - Demand for payment and deposit of certificates; loss of rights of stockholder; withdrawal from appraisal process.

NRS 92A.450 - Uncertificated shares: Authority to restrict transfer after demand for payment.

NRS 92A.460 - Payment for shares: General requirements.

NRS 92A.470 - Withholding payment for shares acquired on or after date of dissenter’s notice: General requirements.

NRS 92A.480 - Dissenter’s estimate of fair value: Notification of subject corporation; demand for payment of estimate.

NRS 92A.490 - Legal proceeding to determine fair value: Duties of subject corporation; powers of court; rights of dissenter.

NRS 92A.500 - Assessment of costs and fees in certain legal proceedings.