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

NRS 86.376: Liability of person who acts as alter ego of company for debts or liabilities of company.

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Where this section sits in the code
  1. TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
  2. CHAPTER 86 - LIMITED-LIABILITY COMPANIES
  3. LIABILITY, INDEMNIFICATION AND INSURANCE

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

2. A person acts as the alter ego of a limited-liability company only if:

(a) The limited-liability company is influenced and governed by the person;

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

(c) Adherence to the notion of the limited-liability company being an entity separate from the person would sanction fraud or promote manifest injustice.

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

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

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