Nevada Revised Statutes Title 7. Business Associations; Securities; Commodities § 78B.080. “Third-party standard” defined

(a) Has no material financial relationship with the benefit corporation or a subsidiary of the benefit corporation;

(b) Is governed by a governing body of which not more than one-third of the members are representatives of:

(c) Is not materially financed by an association or business described in paragraph (b);

(d) Accesses necessary and appropriate expertise to assess overall corporate social and environmental performance; and

(e) Uses a balanced, multistakeholder approach to develop the standard, including, without limitation, a public comment period of at least 30 days; and

(a) The criteria considered when measuring the overall social and environmental performance of a business;

(b) The relative weightings assigned to the criteria described in paragraph (a);

(c) The identity of the directors, officers, material owners and the governing body of the entity that developed, and controls revisions to, the standard;

(d) The process for revising the standard and changing the membership of the governing body that developed, and controls revisions to, the standard; and

(e) An accounting of the sources of financial support for the entity that developed, and controls revisions to, the standard which provides sufficient detail to disclose any relationships that could reasonably be considered to present a potential conflict of interest.