Lawmakers enhance Nevada’s corporation and LLC laws

Lawmakers enhance Nevada’s corporation and LLC laws

Sep 03, 2019

Article

Co-author, Las Vegas Business Journal, Spetember 3, 2019

Amid the painstaking task of balancing the state’s budget and revamping Nevada’s school funding formula, lawmakers passed Assembly Bill No. 207 (AB 207), a bill geared to enhance predictability in Title 7 of the Nevada Revised Statutes (NRS) and reinforce Nevada’s position as a national leader in business legislation among the likes of Delaware. AB 207, sponsored by Assembly Speaker Jason Frierson, garnered an array of support from the business community and the changes are effective as of Oct. 1.

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