NRS Chapter 86 — LIMITED-LIABILITY COMPANIES

139 sections, reproduced from the official Nevada Legislature site (retrieved August 8, 2026). Official chapter page →

NRS 86.011 — Definitions.
NRS 86.022 — “Articles” and “articles of organization” defined.
NRS 86.031 — “Bankrupt” defined.
NRS 86.051 — “Foreign limited-liability company” defined.
NRS 86.055 — “In interest” defined.
NRS 86.061 — “Limited-liability company” and “company” defined.
NRS 86.071 — “Manager” defined.
NRS 86.081 — “Member” defined.
NRS 86.091 — “Member’s interest” defined.
NRS 86.095 — “Noneconomic member” defined.
NRS 86.101 — “Operating agreement” defined.
NRS 86.105 — “Personal representative” defined.
NRS 86.111 — “Real property” defined.
NRS 86.118 — “Registered agent” defined.
NRS 86.121 — “Registered office” defined.
NRS 86.1252 — “Restricted limited-liability company” defined.
NRS 86.1255 — “Series” and “series of members” defined.
NRS 86.131 — Applicability of chapter to foreign and interstate commerce.
NRS 86.135 — Amendment or repeal of provisions of chapter; chapter deemed part of articles of company.
NRS 86.137 — Secretary of State authorized to adopt certain regulations to allow limited-liability company to carry out powers and duties through most recent technology.
NRS 86.138 — Company records: Manner of storage; conversion of electronic records into clear and legible paper form; admissibility in evidence of electronic records.
NRS 86.141 — Purpose for organization; prohibition against organization of limited-liability company for certain illegal purposes.
NRS 86.151 — Filing requirements.
NRS 86.155 — Perpetual existence of company.
NRS 86.161 — Articles of organization: Required and optional provisions.
NRS 86.171 — Name of company: Distinguishable name required; availability of name of revoked, merged or otherwise terminated company; limitations; regulations.
NRS 86.176 — Name of company: Reservation; injunctive relief.
NRS 86.201 — Commencement of organizational existence.
NRS 86.211 — Articles of organization: Notice imparted by filing.
NRS 86.213 — Penalty for purporting to do business as limited-liability company without filing articles of organization; enforcement; regulations.
NRS 86.216 — Amendment of articles of organization before issuance of member’s interest.
NRS 86.221 — Amendment and restatement of articles of organization.
NRS 86.226 — Filing and effectiveness of certificate of amendment or judicial decree of amendment.
NRS 86.231 — Registered agent required; address of registered office.
NRS 86.236 — Registered agent of series; service of process, notice or demand upon series.
NRS 86.241 — Maintenance of records at principal office in State or with custodian of records; right of members and managers to obtain or examine records.
NRS 86.243 — Denial of right to obtain or examine records; action to enforce right to obtain or examine records; defense to action for penalties or damages; authority of court to compel production of records.
NRS 86.246 — Requirement to provide to Secretary of State name and contact information of custodian of list of members and managers; requirement to assist in criminal investigation; failure to comply; regulations.
NRS 86.251 — Resignation of registered agent or termination of registration of commercial registered agent.
NRS 86.261 — Service of process, notice or demand upon registered agent.
NRS 86.263 — Filing requirements; fees; notice; regulations.
NRS 86.264 — Additional filing requirements for certain companies: Criteria; statement; fees.
NRS 86.266 — Certificate of authorization to transact business.
NRS 86.269 — Addresses of managers and members required; failure to file.
NRS 86.272 — Defaulting companies: Identification; reinstatement; penalty.
NRS 86.274 — Defaulting companies: Duties of Secretary of State; forfeiture; distribution of assets.
NRS 86.276 — Defaulting companies: Conditions and procedure for reinstatement.
NRS 86.278 — Defaulting companies: Reinstatement under old or new name; regulations.
NRS 86.279 — “Distribution” defined.
NRS 86.281 — General powers.
NRS 86.286 — Operating agreement.
NRS 86.291 — Management.
NRS 86.293 — Noneconomic members.
NRS 86.296 — Classes of members or managers; series of members.
NRS 86.298 — Duties of manager or managing member.
NRS 86.301 — Limitation on authority to contract debt or incur liability.
NRS 86.311 — Acquisition, ownership and disposition of property by company and series.
NRS 86.321 — Contributions to capital: Form.
NRS 86.326 — Admission of members; member has no preemptive right to acquire certain interests; exception.
NRS 86.331 — Resignation or withdrawal of member: Limitation; payment to member who rightfully resigns or withdraws.
NRS 86.335 — Resignation or withdrawal of member in violation of operating agreement; loss of right to participate upon resignation or withdrawal.
NRS 86.341 — Distributions: Generally.
NRS 86.343 — Distributions: Prohibition; applicable determinations; liability of member for violation.
NRS 86.345 — Distributions: Limitations applicable to restricted limited-liability companies.
NRS 86.346 — Distributions: Form; status of member or transferee.
NRS 86.351 — Nature and transfer of member’s interest; rights of transferee; substituted members.
NRS 86.361 — Liability of persons assuming to act as company without authority.
NRS 86.371 — Liability of member or manager for debts or liabilities of company.
NRS 86.376 — Liability of person who acts as alter ego of company for debts or liabilities of company.
NRS 86.381 — Member of company is not proper party in proceeding by or against company; exception.
NRS 86.391 — Liability of member to company.
NRS 86.401 — Rights and remedies of creditor of member.
NRS 86.411 — Indemnification of manager, member, employee or agent: Proceeding other than by company.
NRS 86.421 — Indemnification of manager, member, employee or agent: Proceeding by company.
NRS 86.431 — Indemnification of manager, member, employee or agent: Scope; authorization.
NRS 86.441 — Indemnification of member or manager: Advancement of expenses.
NRS 86.451 — Indemnification of manager, member, employee or agent: Effect of provisions on other rights; continuation after cessation of status.
NRS 86.461 — Maintenance of insurance or other financial arrangements against liability of member, manager, employee or agent.
NRS 86.471 — Effect of providing insurance or other financial arrangements against liability of member, manager, employee or agent.
NRS 86.481 — Exclusion of company which provides self-insurance from title 57 of NRS.
NRS 86.483 — Authority of member to bring action.
NRS 86.485 — Qualifications of plaintiff.
NRS 86.487 — Pleading.
NRS 86.489 — Expenses.
NRS 86.4895 — Dissolution of company whose charter has been revoked without additional fees and penalties; regulations.
NRS 86.490 — Dissolution before commencement of business; limitations.
NRS 86.491 — Events requiring dissolution and winding up of affairs; powers and duties of person winding up affairs; effect of certain events affecting member.
NRS 86.495 — Dissolution by decree of court; termination of series by decree of court.
NRS 86.505 — Continuation of company after dissolution for winding up of affairs; limitation on actions by or against dissolved company or its managers or members.
NRS 86.521 — Distribution of assets after dissolution.
NRS 86.531 — Articles of dissolution: Required provisions and signatories.
NRS 86.541 — Filing and effectiveness of articles of dissolution; powers of trustees of dissolved company.
NRS 86.5411 — Application of creditors or members of insolvent company for injunction and appointment of receiver or trustee; hearing.
NRS 86.5412 — Appointment of receiver or trustee of insolvent company: Powers.
NRS 86.5413 — Property and privileges of insolvent company vest in appointed receiver.
NRS 86.5414 — Company may resume control upon payment of debts and receipt of capital to conduct business; order of court dissolving company and forfeiting charter.
NRS 86.5415 — Members’ application for injunction and appointment of receiver when company mismanaged.
NRS 86.5416 — Reorganization of company by majority in interest of members during receivership.
NRS 86.5417 — Powers of district court.
NRS 86.5418 — Receiver to take possession of company assets upon court order.
NRS 86.5419 — Inventory, lists of debts and reports by receiver.
NRS 86.542 — Creditors’ proofs of claims; when participation barred; notice.
NRS 86.5421 — Creditors’ claims to be in writing under oath; examination of claimants.
NRS 86.5422 — Action on creditors’ claims; appeal of disallowed claims.
NRS 86.5423 — Substitution of receiver as party; abatement of actions.
NRS 86.5424 — Sales of encumbered or deteriorating property.
NRS 86.5425 — Compensation, costs and expenses of receiver.
NRS 86.5426 — Distribution of money to creditors and members.
NRS 86.5427 — Acts of majority of receivers effectual; removal and vacancies.
NRS 86.5428 — Employees’ liens for wages when company insolvent.
NRS 86.543 — Law governing organization, internal affairs and liability of managers and members.
NRS 86.544 — Filing requirements; prohibition against registration for certain illegal purposes; required provisions of application for registration.
NRS 86.545 — Issuance of certificate of registration by Secretary of State.
NRS 86.546 — Name for registration.
NRS 86.5461 — Annual list: Filing requirements; fees; powers and duties of Secretary of State; regulations.
NRS 86.54615 — List or statement to be maintained at principal office in State or with custodian of records; requirement to assist in criminal investigation; failure to comply; regulations.
NRS 86.5462 — Additional filing requirements for certain companies: Criteria; statement; fees.
NRS 86.5463 — Certificate of authorization to transact business.
NRS 86.5464 — Addresses of managers or managing members required; failure to file.
NRS 86.5465 — Defaulting companies: Identification; forfeiture of right to transact business; penalty.
NRS 86.5466 — Defaulting companies: Duties of Secretary of State.
NRS 86.5467 — Defaulting companies: Conditions and procedure for reinstatement.
NRS 86.5468 — Defaulting companies: Reinstatement or revival under old or new name; regulations.
NRS 86.5469 — Cancellation of registration without additional fees and penalties; regulations.
NRS 86.547 — Cancellation of registration.
NRS 86.5475 — Renewal or revival of right to transact business: Procedure; fee; certificate as evidence; status of company.
NRS 86.548 — Penalty for transacting business without registration; enforcement; regulations.
NRS 86.5483 — Activities not constituting transaction of business.
NRS 86.5487 — Determination of whether solicitation is made or accepted.
NRS 86.549 — Action by Attorney General to restrain transaction of business.
NRS 86.555 — Issuance of occupational or professional license to limited-liability company by board or commission; regulations.
NRS 86.557 — Form required for filing of records.
NRS 86.561 — Fees.
NRS 86.563 — Procedure to submit replacement page to Secretary of State before actual filing of record.
NRS 86.566 — Filing of records written in language other than English.
NRS 86.568 — Correction of inaccurate or defective record filed with Secretary of State; cancellation of filings.
NRS 86.571 — Waiver of notice.
NRS 86.580 — Renewal or revival of charter: Procedure; fee; certificate as evidence.
NRS 86.590 — Renewal or revival of charter: Status of company.