Nev. Rev. Stat. § 78.747
Liability of another person for debt or liability of corporation
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NRS 78.747 Liability of another person 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.
(Added to NRS by 2001, 3170; A 2019, 99)
Notes of Decisions
Cited in 49
cases (17 in the last 5 years), 2004–2025 · leading case: AE Restaurant Associates, LLC v. Giampietro (In Re Giampietro)
Miyayama v. Hosoda (2025)
“371 (“no member of manager of any limited-liability company formed under the laws of this State is individually liable for the debts or liabilities of the company”); 23 Nev. Rev. Stat. § 78.747 (“no person other than a corporation is individually liable for a debt or 24…”
Great West Capital, LLC v. Payne (2025)
“…Lumber Co.">562 P.2d 479 , 479–80 (Nev. 1977); Nev. Rev. Stat. § 78.747 (2). Although Great West and Eastgate have different ownership structures, Mr. Arthur Berg exercised significant control over both, and they have operated as a single entity controlled and governed by M”
Ene v. Graham (2024)
“376 is the same as the analysis for corporations under NRS 78.747 This court has yet to interpret NRS 86.”
PRN Real Estate & Investments, Ltd. v. William W. Cole, Jr. (2023)
“…debt unless the individual “acts as the alter ego of the corporation.” Nev. Rev. Stat. § 78.747 . A person acts as a corporation’s alter ego “only if: (a) The corporation is influenced and governed by the person; (b) [t]here is such unity of interest and ownership that the…”
Douglas Coder & Linda Coder Family LLLP v. RNO Exhibitions, LLC (2023)
“” NRS § 78.747. There is “no litmus test for determining when the corporate fiction should be disregarded; the result depends on the circumstances of each case.”
Allstate Insurance Company v. Nassiri (2023)
“1957)); see also Nev. Rev. Stat. § 78.747 .”
Douglas Coder & Linda Coder Family LLLP v. RNO Exhibitions, LLC (2023)
“” NRS § 78.747. There is “no litmus test for 2 determining when the corporate fiction should be disregarded; the result depends on the 3 circumstances of each case.”
THC Nevada, LLC v. Hiscox Insurance Company, Inc. (2023)
“§§ 78.747 and 86.376. See Frank McCleary Cattle Co.”
Razaghi v. Razaghi Development Company, LLC (2023)
“NRS 78.747; Polaris Indus. Corp. v. Kaplan, <a href="/opinion/1220402/polaris-industrial-corp-v-kaplan/" aria-description="Citation for case: Polaris Industrial Corp.”
Douglas Coder & Linda Coder Family LLLP v. RNO Exhibitions, LLC (2022)
“” NRS § 78.747. Whether 19 a person acted as the alter ego of a corporation is a question of law.”
Layton v. Green Valley Village Community Association (2022)
“” NRS 78.747 similarly 15 states that “no stockholder, director or officer of a corporation is individually liable for a debt 16 or liability of the corporation, unless the stockholder, director or officer acts as the alter ego of 17 the corporation.”
Yang v. Fonfa (2022)
“1977)); NRS 78.747. 5 Although “there is no litmus test for determining when the corporate fiction should be 6 disregarded,” factors indicating the existence of an alter ego include: (1) commingling of funds; 7 (2) undercapitalization; (3) unauthorized diversion of funds; (4)…”
— Nev. Rev. Stat. § 78.747(1) — 4 cases
Layton v. Green Valley Village Community Association (2022)
“” NRS 78.747 similarly 15 states that “no stockholder, director or officer of a corporation is individually liable for a debt 16 or liability of the corporation, unless the stockholder, director or officer acts as the alter ego of 17 the corporation.”
— Nev. Rev. Stat. § 78.747(2) — 9 cases
Gardner v. R&O Constr., Inc. (2019)
— Nev. Rev. Stat. § 78.747(2)(a) — 1 case
— Nev. Rev. Stat. § 78.747(3) — 1 case
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