™Your Policy Risk Impact Agent
21 chapters · 1,493 sections in this title.
NRS 86.286 Operating agreement.
5.5K chars
NRS 86.286 Operating agreement. 1. A limited-liability company may, but is not required to, adopt an operating agreement. An operating agreement may be adopted only by the unanimous vote or unanimous written consent of the members, which may be in any tangible or electronic forma…
NRS 86.291 Management.
1.0K chars
NRS 86.291 Management. 1. Except as otherwise provided in this section or in the articles of organization or operating agreement, management of a limited-liability company is vested in its members proportionally in interest thereof. 2. Unless otherwise provided in the articles of…
NRS 86.293 Noneconomic members.
0.2K chars
NRS 86.293 Noneconomic members. The articles of organization or operating agreement of a limited-liability company may provide for one or more noneconomic members or classes of noneconomic members. (Added to NRS by 2001, 1387; A 2001, 3199)
NRS 86.296 Classes of members or managers; series of members.
4.0K chars
NRS 86.296 Classes of members or managers; series of members. 1. The articles of organization or operating agreement of a limited-liability company may create classes of members or managers, define their relative rights, powers and duties, and may authorize the creation, in the m…