Nevada Statutes

§ 86.5483 — Activities not constituting transaction of business

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 86 Limited-Liability· FOREIGN LIMITED-LIABILITY COMPANIES

1. For the purposes of NRS 86.543 to 86.549 , inclusive, the following activities do not constitute transacting business in this State:

(a)Maintaining, defending or settling any proceeding;
(b)Holding meetings of the managers or members or carrying on other activities concerning internal company affairs;
(c)Maintaining accounts in banks or credit unions;
(d)Maintaining offices or agencies for the transfer, exchange and registration of the company’s own securities or maintaining trustees or depositaries with respect to those securities;
(e)Making sales through independent contractors;
(f)Soliciting or receiving orders outside this State through or in response to letters, circulars, catalogs or other forms of advertising, accepting those orders outside this State and filling them by sh

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Related

AA PRIMO BUILDERS, LLC v. Washington
245 P.3d 1190 (Nevada Supreme Court, 2010)
173 case citations
In re Gagow
590 B.R. 517 (D. Nevada, 2018)
1 case citations

Legislative History

(Added to NRS by 2003, 3134 ; A 2015, 1292 ; 2017, 3085 , 3086 )

Nearby Sections

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