{"data":{"id":"us-nv/nrs-86.301","jurisdiction":"us-nv","citation":"NRS 86.301","heading":"Limitation on authority to contract debt or incur liability.","body":"Except as otherwise provided in this chapter, the articles of organization or the operating agreement, no debt may be contracted or liability incurred by or on behalf of a limited-liability company or any series thereof except by:\n1. One or more managers of a company or series which is managed by a manager or managers;\n2. Any member of a company or series which is managed by its members;\n3. Any agent, officer, employee or other representative of the company or series, as authorized in the operating agreement or in another writing by a manager or managers, if the company or series is managed by a manager or managers; or\n4. Any agent, officer, employee or other representative of the company or series authorized in the operating agreement or in another writing by a member thereof, if the company or series is managed by its members.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 86 - LIMITED-LIABILITY COMPANIES","OPERATION"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-086.html#NRS086Sec301","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"d0286753136aaf0453da49ec7c02a3e250216a99fcf19e54d20487d62dcdee7e","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-86.298","next":"us-nv/nrs-86.311"},"notice":"GroundRules: Original legal text. Not legal advice."}