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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 78.747: Liability of another person for debt or liability of corporation.

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Where this section sits in the code
  1. TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
  2. CHAPTER 78 - PRIVATE CORPORATIONS
  3. SUITS AGAINST CORPORATIONS, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS AND STOCKHOLDERS

1. Except as otherwise specifically provided by statute or agreement, no person other than a corporation is individually liable for a debt or liability of the corporation unless the person acts as the alter ego of the corporation.

2. A person acts as the alter ego of a corporation only if:

(a) The corporation is influenced and governed by the person;

(b) There is such unity of interest and ownership that the corporation and the person are inseparable from each other; and

(c) Adherence to the notion of the corporation being an entity separate from the person would sanction fraud or promote a manifest injustice.

3. The question of whether a person acts as the alter ego of a corporation must be determined by the court as a matter of law.

Collected 2026-09-03T05:51:31Z. Source file · JSON

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