NRS 361.804 “Affiliate” defined. 1. “Affiliate” means a person who, directly or indirectly, through one or more persons or intermediaries, controls, is controlled by or is under common control with a specified person. 2. As used in this section, “control” means: (a) Direct or indirect ownership, control or possession of 50 percent or more of the equity ownership of a person; or (b) Possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, by contract or through other means. (Added to NRS by 2025, 1134)