There is a newer version
of
this Statute
2019 Nevada Revised Statutes
Chapter 92A - Mergers, Conversions, Exchanges and Domestications
NRS 92A.260 - Liability of owner after merger, conversion or exchange.
Universal Citation: NV Rev Stat § 92A.260 (2019)
An owner that is not personally liable for the debts, liabilities or obligations of the entity pursuant to the laws and constituent documents under which the entity was organized does not become personally liable for the debts, liabilities or obligations of the surviving entity or entities of the merger or exchange or the resulting entity of the conversion unless the owner consents to becoming personally liable by action taken in connection with the plan of merger, conversion or exchange.
(Added to NRS by 1995, 2081; A 2001, 1414, 3199)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
