NV SB95 | 2021 | 81st Legislature

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on June 2 2021 - 100% progression
Action: 2021-06-02 - Approved by the Governor. Chapter 281.
Text: Latest bill text (Enrolled) [PDF]

Summary

AN ACT relating to business entities; revising provisions relating to service of process on management persons; making various changes to definitions relating to corporations; authorizing a corporation to include a federal forum selection clause in its articles of incorporation or bylaws; revising provisions relating to the breach of a fiduciary duty by a director or officer of a corporation; making various changes relating to meetings of stockholders held by means of remote communication; revising provisions relating to voting agreements of stockholders; revising provisions relating to notice of meetings of stockholders; revising provisions relating to insolvent corporations; revising provisions relating to discretionary indemnification of directors, officers, employees and agents of corporations; providing an exception to the requirement that a corporation issue a certificate of membership; establishing and revising provisions relating to distributions made by limited-liability companies; revising provisions relating to the form of contributions to capital of members of a limited-liability company or series; making various changes relating to the standard of voting for actions taken by corporations, limited partnerships and limited-liability companies; revising provisions relating to dissenter's rights; and providing other matters properly relating thereto.

Tracking Information

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Title

Revises provisions relating to business entities. (BDR 7-493)

Sponsors


Roll Calls

2021-05-21 - Assembly - Assembly Final Passage (Y: 38 N: 3 NV: 0 Abs: 1) [PASS]
2021-04-15 - Senate - Senate Final Passage (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2021-06-02SenateApproved by the Governor. Chapter 281.
2021-05-27SenateEnrolled and delivered to Governor.
2021-05-25SenateAssembly Amendment No. 537 concurred in. To enrollment.
2021-05-24SenateIn Senate.
2021-05-21AssemblyRead third time. Passed, as amended. Title approved. (Yeas: 38, Nays: 3, Absent: 1.) To Senate.
2021-05-20AssemblyTaken from General File. Placed on General File for next legislative day.
2021-05-20AssemblyFrom printer. To reengrossment. Reengrossed. Second reprint.
2021-05-19AssemblyRead second time. Amended. (Amend. No. 537.) To printer.
2021-05-19AssemblyPlaced on Second Reading File.
2021-05-19AssemblyFrom committee: Amend, and do pass as amended.
2021-04-16AssemblyRead first time. Referred to Committee on Judiciary. To committee.
2021-04-16AssemblyIn Assembly.
2021-04-15SenateRead third time. Passed, as amended. Title approved, as amended. (Yeas: 21, Nays: None.) To Assembly.
2021-04-15SenateFrom printer. To engrossment. Engrossed. First reprint.
2021-04-14SenateRead second time. Amended. (Amend. No. 28.) To printer.
2021-04-14SenatePlaced on Second Reading File.
2021-04-14SenateFrom committee: Amend, and do pass as amended.
2021-02-04SenateFrom printer. To committee.
2021-02-03SenateRead first time. Referred to Committee on Judiciary. To printer.

Nevada State Sources


Bill Comments

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