Nevada Revised Statutes

Nev. Rev. Stat. § 86.081 (2026)

“Member” defined

✓ current as of July 2026
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NRS 86.081  “Member” defined.  “Member” means the owner of a member’s interest in a limited-liability company or a noneconomic member.

      (Added to NRS by 1991, 1293; A 1997, 715; 2001, 1388, 3199)

     

Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2012–2022 · leading case: Weddell v. H2O, INC., 271 P.3d 743 (Nev. 2012).
Weddell v. H2O, INC., 271 P.3d 743 (Nev. 2012). “” NRS 86.081. The term “[m]ember’s interest” is defined as “a share of the economic interests in a limited-liability company, including profits, losses and distributions of assets.”
E & T Skyline Constr., LLC v. Talisman Cas. Ins. Co., LLC (S.D.N.Y. 2022). “Under Nevada law, a “member” of an LLC is either the owner of a “member’s interest,” Nev. Rev. Stat. Ann. § 86.081 , which is a share of the economic interests of the LLC, including profits, losses, and distributions of assets, id.”
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