86.131 - Applicability of chapter to foreign and interstate commerce. - Nevada Statutes

86.131  Applicability of chapter to foreign and interstate commerce.  The provisions of this chapter apply to commerce with foreign nations and among the several states. It is the intention of the Legislature by enactment of this chapter that the legal existence of limited-liability companies formed under this chapter be recognized beyond the limits of this State and that, subject to any reasonable requirement of registration, any such company transacting business outside this State be granted protection of full faith and credit under Section 1 of Article IV of the Constitution of the United States.

      (Added to NRS by 1991, 1304)

      NRS 86.135  Amendment or repeal of provisions of chapter; chapter deemed part of articles of company.  The provisions of this chapter may be amended or repealed at the pleasure of the legislature. A limited-liability company created pursuant to the provisions of this chapter or availing itself of any of the provisions of this chapter and all members and managers of the limited-liability company are bound by the amendment. An amendment or repeal does not take away or impair any remedy against a limited-liability company or its managers or members for a liability that has been previously incurred. The provisions of this chapter and all amendments thereof are a part of the articles of every limited-liability company.

      (Added to NRS by 2001, 1385; A 2001, 3199)