Nev. Rev. Stat. § 78.747 : BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES — PRIVATE CORPORATIONS —SUITS AGAINST CORPORATIONS, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS AND STOCKHOLDERS — Liability of stockholder, director or officer for debt or liability of corporation

1. Except as otherwise specifically provided by statute or agreement, no person other than a corporation is individually liable for a debt or liability of the corporation unless the person acts as the alter ego of the corporation.
2. A person acts as the alter ego of a corporation only if:
(a) The corporation is influenced and governed by the person;
(b) There is such unity of interest and ownership that the corporation and the person are inseparable from each other; and
(c) Adherence to the notion of the corporation being an entity separate from the person would sanction fraud or promote a manifest injustice.
3. The question of whether a person acts as the alter ego of a corporation must be determined by the court as a matter of law.

NRS 78.747

Added to NRS by [Ch. 600]; A [Ch. 19]
Amended by 2019, Ch. 19,§14, eff. 10/1/2019.
Added to NRS by 2001, 3170
SECTIONS