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NRS 78.747

Liability of another person for debt or liability of corporation

Applied in 18 court decisions — leading case Webb v. Shull (2012)

Most recently applied in 140 Nev. Adv. Op. No. 26 - Ene v. Graham (April 2024)

(Added to NRS by 2001, 3170; A 2019, 99)

How often courts cite this section

200420102020202430
citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

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.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.