Nevada Administrative Code
Chapter 612 - Unemployment Compensation
ADMINISTRATION
Section 612.053 - Determination of substantially common ownership, management or control of business entities
Universal Citation: NV Admin Code 612.053
Current through September 16, 2024
In determining whether substantially common ownership, management or control exists between two or more business entities, the Administrator will consider objective factors which may include, without limitation:
1. In determining common ownership:
(a) Whether one business entity
has ownership or control over a substantial interest of another business
entity;
(b) The existence of common
ownership of assets necessary to conduct a business enterprise; or
(c) The existence of common security or lease
arrangements covering assets necessary to conduct a business enterprise,
including its workforce.
2. In determining common management, control by the business entities over:
(a) Central
accounting;
(b) Personnel
policies;
(c) Operating
procedures;
(d) The financing of
business operations;
(e)
Purchasing;
(f) Pricing;
or
(g) Collections.
3. In determining common control:
(a) Whether one or more natural or other
persons that control a business enterprise remain in control of the business
enterprise after its:
(1)
Acquisition;
(2) Change in form,
including, without limitation:
(I) Its change
from an individual proprietorship to an association, corporation, estate,
limited-liability entity or partnership;
(II) Its change from a partnership to an
association, corporation, estate, individual proprietorship or
limited-liability entity;
(III) The
addition, deletion or change of partners;
(IV) Its change from a limited-liability
entity to an association, corporation, estate, individual proprietorship,
partnership or to another type of limited-liability entity;
(V) Its change from a corporation to an
association, estate, individual proprietorship, limited-liability entity,
partnership or to another type of corporation; or
(VI) Any other change from one type of
business organization to another type of business organization; or
(3) Transfer to a person with any
familial relationship to the transferor; or
(b) Whether there exists a contract pursuant
to which the ownership or the stated arrangement of the business enterprise
allows or provides for the direction of the internal affairs or conduct of the
business enterprise.
Added to NAC by Employm't Security Div. by R200-05, eff. 2-23-2006
NRS NRS 612.220, 612.245, 612.732
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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