“Member’s interest” means a share of the economic interests in a limited-liability company, including profits, losses and distributions of assets.
NRS 86.091
“Member’s interest” defined
Applied in 3 court decisions — leading case Weddell v. H2O, INC. (2012)
Most recently applied in EXCELLENCE COMMUNITY MGMT. VS. GILMORE (June 2015)
(Added to NRS by 1991, 1293; A 1997, 715)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.