Asset management company that is not natural person required to designate natural person as qualified employee.

NRS 645H.510, under ASSET MANAGEMENT COMPANIES AND ASSET MANAGERS.

NRS 645H.510

NRS 645H.510 Asset management company that is not natural person required to designate natural person as qualified employee. 1. If an asset management company is not a natural person, the company must designate a natural person as a qualified employee to act on behalf of the asset management company. 2. As used in this section, “qualified employee” means: (a) A director, officer, member, employee, manager or trustee of a partnership, corporation or limited-liability company designated by the partnership, corporation or limited-liability company to act on the behalf of the partnership, corporation or limited-liability company; or (b) A person designated by a sole proprietorship who satisfies the requirements set forth in subsection 2 of NRS 645H.480. (Added to NRS by 2011, 2824)