Unless otherwise provided in the articles of organization or an agreement signed by the member or manager to be charged, no member or manager of any limited-liability company formed under the laws of this State is individually liable for the debts or liabilities of the company.
NRS 86.371
Liability of member or manager for debts or liabilities of company
Applied in 6 court decisions — leading case AE Restaurant Associates, LLC v. Giampietro (In Re Giampietro) (2004)
Most recently applied in GARDNER VS. DIST. CT. (HENDERSON WATER PARK, LLC) (November 2017)
(Added to NRS by 1991, 1300; A 1995, 2112)
How often courts cite this section
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.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.