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NRS 86.361

Liability of persons assuming to act as company without authority

Applied in 1 court decision — leading case AA PRIMO BUILDERS, LLC v. Washington (2010)

Most recently applied in AA PRIMO BUILDERS, LLC v. Washington (December 2010)

(Added to NRS by 1991, 1304)

All persons who assume to act as a limited-liability company without authority to do so are jointly and severally liable for all debts and liabilities of the company.

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