NRS
86.376 Liability of person who acts as alter ego of company for debts
or liabilities of company.
1. Except as otherwise specifically
provided by statute or agreement, no person other than the limited-liability
company is individually liable for a debt or liability of the limited-liability
company unless the person acts as the alter ego of the limited-liability
company.
2. A person acts as the alter ego of a
limited-liability company only if:
(a) The limited-liability company is influenced
and governed by the person;
(b) There is such unity of interest and ownership
that the limited-liability company and the person are inseparable from each
other; and
(c) Adherence to the notion of the limited-liability
company being an entity separate from the person would sanction fraud or
promote manifest injustice.
3. The question of whether a person acts
as the alter ego of a limited-liability company must be determined by the court
as a matter of law.
(Added to NRS by 2019,
104)
Notes of Decisions
Cited in
3
cases (
3 in the last 5 years), 2024–2024 · leading case:
Ene v. Graham, 546 P.3d 1232 (Nev. 2024).
Ene v. Graham, 546 P.3d 1232 (Nev. 2024).
· cites it 10× “NRS 86.376. Ene's subsequent recall of himself as a witness and motion for a ruling on the alter ego issue as a matter of law appears to be in response to the improper jury instructions.”
T1 Payments LLC v. New U Life Corp. (D. Nev. 2024).
“2024); see NRS 86.376; id. 78.747. The standard is 7 whether “(a) the LLC is influenced and governed by the [alleged alter ego], (b) there 8 is a unity of interest and ownership such that the person and LLC are 9 inseparable, and (c) adherence to the notion of separate entities…”
Nev. Rev. Stat. § 86.376(2): 1 case
Ene v. Graham, 546 P.3d 1232 (Nev. 2024).
“NRS 86.376. Ene's subsequent recall of himself as a witness and motion for a ruling on the alter ego issue as a matter of law appears to be in response to the improper jury instructions.”
Nev. Rev. Stat. § 86.376(2)(a): 1 case
Ene v. Graham, 546 P.3d 1232 (Nev. 2024).
“NRS 86.376. Ene's subsequent recall of himself as a witness and motion for a ruling on the alter ego issue as a matter of law appears to be in response to the improper jury instructions.”
Nev. Rev. Stat. § 86.376(2)(c): 1 case
Ene v. Graham, 546 P.3d 1232 (Nev. 2024).
“NRS 86.376. Ene's subsequent recall of himself as a witness and motion for a ruling on the alter ego issue as a matter of law appears to be in response to the improper jury instructions.”
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