18-220H 18-220H . . . Stock Option Plan For Federal Savings Association which provides for grant of Incentive Stock Options to officers and employees and Non-qualified Stock Options to officers, employees and outside directors. Plan meets certain requirements of the Office of Thrift Supervision
Nevada Stock Option Plan For Federal Savings Association
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US-CC-18-220H
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FAQ
The Securities Act serves the dual purpose of ensuring that issuers selling securities to the public disclose material information, and that any securities transactions are not based on fraudulent information or practices.
A security is an investment in a business. It can take the form of shares of stock, bonds, a package of loans or mortgages offered for sale by a financial institution or a financial instrument representing investment in a company or an international project.
NRS §90.310 requires that all broker dealers and sales representatives acting in Nevada must be licensed (or exempt from licensing) to sell securities. The Nevada Securities Laws protect investors by requiring that investments sold in Nevada need to be either registered or exempt from registration.
The Securities Exchange Act requires disclosure of important information by anyone seeking to acquire more than 5 percent of a company's securities by direct purchase or tender offer. Such an offer often is extended in an effort to gain control of the company.
Nevada law contains a provision governing ?acquisition of controlling interest.? This law provides generally that any person or entity that acquires 20% or more of the outstanding voting shares of a publicly-held Nevada corporation in the secondary public or private market may be denied voting rights with respect to ...
Defining a Security In fact, a security can be any transaction in which one person gives money to another with the agreement that the money will be returned with a profit. Such arrangements are deemed "investment contracts" and are also defined as securities in Section 61-1-13 of the Utah Uniform Securities Act.
Every corporation must have a president, a secretary and a treasurer, or the equivalent thereof.
Chapter 78 Private Corporations. NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; participation by telephone or similar method. NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; participation by telephone or similar method.