Nevada Revised Statutes

Nev. Rev. Stat. § 86.1255 (2026)

“Series” and “series of members” defined

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NRS 86.1255  “Series” and “series of members” defined.  “Series” and “series of members” are synonymous terms and, unless the context otherwise requires, means a limited-liability company whose creation has been authorized pursuant to subsection 2 of NRS 86.296 by a limited-liability company formed by filing articles of organization with the Secretary of State pursuant to NRS 86.151.

      (Added to NRS by 2005, 2189; A 2017, 2777)

     

Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2018–2023 · leading case: Flaten v. Couture, 2018 ND 136, 912 N.W.2d 330.
Flaten v. Couture, 2018 ND 136, 912 N.W.2d 330. “A&M Structuring, LLC is registered in North Dakota as a foreign limited liability company and none of the individual series LLCs, including A&M Structuring 7, are individually registered in this state.”
Fed. Hous. Fin. Agency v. Saticoy Bay LLC, 531 P.3d 1232 (Nev. 2023). · cites it 2× “First, NRS 86.1255 defines a series LLC as a "limited- liability company.”
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