NV AB239 | 2025 | 83rd Legislature

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on May 30 2025 - 100% progression
Action: 2025-05-30 - Chapter 142. (Effective May 30, 2025)
Text: Latest bill text (Enrolled) [PDF]

Summary

AN ACT relating to business entities; revising provisions relating to notice or other communications by business entities; making a conforming change relating to fiduciary duties owed by directors and officers of a corporation; revising provisions governing voting relating to the approval of a reverse stock split of a corporation; removing certain provisions governing the issuance of shares of a corporation; making changes to certain approvals by a board of directors; clarifying provisions relating to voting agreements by stockholders; revising provisions governing the amendment of articles of incorporation after issuance of stock; revising certain terms relating to business entities; revising provisions relating to the last known address of members and managers of a limited-liability company and the dissolution of a limited-liability company; establishing a process by which a corporation may reorganize through the formation of a holding corporation; revising provisions relating to the approval of a plan of merger, conversion or exchange of a domestic corporation and the conversion of a domestic entity into a foreign entity; revising provisions governing the right of a stockholder to dissent from certain corporate actions; making various other changes relating to business entities; and providing other matters properly relating thereto.

Tracking Information

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Title

Revises provisions relating to business entities. (BDR 7-669)

Sponsors


Roll Calls

2025-05-21 - Senate - Senate Final Passage (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]
2025-04-22 - Assembly - Assembly Final Passage (Y: 40 N: 2 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2025-05-30AssemblyChapter 142. (Effective May 30, 2025)
2025-05-30AssemblyApproved by the Governor.
2025-05-27AssemblyEnrolled and delivered to Governor.
2025-05-22AssemblyIn Assembly. To enrollment.
2025-05-21SenateRead third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.
2025-05-20SenateTaken from General File. Placed on General File for next legislative day.
2025-05-19SenateRead second time.
2025-05-16SenateFrom committee: Do pass.
2025-04-29SenateRead first time. Referred to Committee on Judiciary. To committee.
2025-04-28SenateIn Senate.
2025-04-25AssemblyTo Senate.
2025-04-25AssemblyFrom printer. To engrossment. Engrossed. First reprint.
2025-04-22AssemblyTo printer.
2025-04-22AssemblyRead third time. Passed, as amended. Title approved, as amended. (Yeas: 40, Nays: 2.)
2025-04-21AssemblyDispensed with reprinting.
2025-04-21AssemblyRead second time. Amended. (Amend. No. 289.)
2025-04-21AssemblyPlaced on Second Reading File.
2025-04-21AssemblyFrom committee: Amend, and do pass as amended.
2025-02-18AssemblyFrom printer. To committee.
2025-02-17AssemblyRead first time. Referred to Committee on Judiciary. To printer.

Nevada State Sources


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