86.141 - Purpose for organization. - Nevada Statutes

86.141  Purpose for organization.

      1.  Except as otherwise provided in subsection 2, a limited-liability company may be organized under this chapter for any lawful purpose.

      2.  A limited-liability company may not be organized for the purpose of insurance unless approved to do so by the Commissioner of Insurance.

      (Added to NRS by 1991, 1293; A 1995, 496; 2005, 2257)