Legislation


AB 47 – Nevada

Status: Enacted
Year Introduced: 2021
Year Enacted: 2021
Link: https://www.leg.state.nv.us/App/NELIS/REL/81st2021/Bill/7300/Overview

AN ACT relating to unfair trade practices; requiring certain notice be provided to the Attorney General before the consummation of certain mergers and acquisitions; making it unlawful to enter into certain agreements which restrain a natural person from engaging in a lawful profession, trade or business; providing that certain provisions in certain agreements or policies related to health care are void and unenforceable unless approved by the Attorney General; prescribing procedures and criteria for obtaining such approval; revising provisions relating to proceedings instituted by the Attorney General under the Nevada Unfair Trade Practice Act; providing penalties; and providing other matters properly relating thereto.

Parties with combined assets above $25 million must give notice to AG 180 days before merger.


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