Nev. Rev. Stat. § 90.278

This is the official text of Nev. Rev. Stat. § 90.278, part of Nevada’s Rev. Stat — part of the compiled statutory law of Nevada, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.

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“Representative of an investment adviser” defined

Official statutory text

1. “Representative of an investment adviser” means any person employed by or associated with an investment adviser who: (a) Provides advice concerning securities; (b) Manages accounts or portfolios of clients; (c) Determines the advice concerning securities that is offered to clients; (d) Solicits for the sale of investment advice, unless the person is a sales representative licensed pursuant to this chapter; (e) Sells, offers to sell or negotiates for the sale of investment advice; or (f) Supervises employees who engage in the activities described in paragraphs (a) to (e), inclusive.

2. The term does not include: (a) A broker-dealer; (b) An investment adviser; and (c) A person employed by or associated with an investment adviser who provides clerical or administrative services.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.