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2011 Nevada Revised Statutes
Chapter 86 - Limited-Liability Companies
NRS 86.141 - Purpose for organization.

Universal Citation:
NV Rev Stat ยง 86.141 (2011)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

1. Except as otherwise provided in subsection 2, a limited-liability company may be organized under this chapter for any lawful purpose.

2. A limited-liability company may not be organized for the purpose of insurance unless approved to do so by the Commissioner of Insurance.

(Added to NRS by 1991, 1293; A 1995, 496; 2005, 2257)

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