Nevada § 86.490 Dissolution before commencement of business; limitations

Nevada Statutes

§ 86.490 — Dissolution before commencement of business; limitations

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 86 Limited-Liability· DISSOLUTION

1. Before the commencement of business by any limited-liability company where management is vested in one or more managers and where no member’s interest in the limited-liability company has been issued, at least two-thirds of the organizers or the managers of the limited-liability company may dissolve the limited-liability company by filing with the Secretary of State a certificate of dissolution to dissolve the limited-liability company. 2. A certificate of dissolution filed with the Secretary of State pursuant to subsection 1 must state that:

(a)The management of the limited-liability company is vested in one or more managers;

(b)The limited-liability company has not commenced business; and

(c)No member’s interest in the limited-liability company has been issued.

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1. Before the commencement of business by any limited-liability company where management is vested in one or more managers and where no member’s interest in the limited-liability company has been issued, at least two-thirds of the organizers or the managers of the limited-liability company may dissolve the limited-liability company by filing with the Secretary of State a certificate of dissolution to dissolve the limited-liability company.
2. A certificate of dissolution filed with the Secretary of State pursuant to subsection 1 must state that:
(a) The management of the limited-liability company is vested in one or more managers;
(b) The limited-liability company has not commenced business; and
(c) No member’s interest in the limited-liability company has been issued.

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