86.213 - Penalty for purporting to do business as limited-liability company without filing articles of organization; enforcement; regulations. - Nevada Statutes

86.213  Penalty for purporting to do business as limited-liability company without filing articles of organization; enforcement; regulations.

      1.  Every person, other than a foreign limited-liability company, who is purporting to do business in this State as a limited-liability company and who willfully fails or neglects to file with the Secretary of State articles of organization is subject to a fine of not less than $1,000 but not more than $10,000, to be recovered in a court of competent jurisdiction.

      2.  When the Secretary of State is advised that a person is subject to the fine described in subsection 1, the Secretary of State may, as soon as practicable, instruct the district attorney of the county in which the person’s principal place of business is located or the Attorney General, or both, to institute proceedings to recover the fine. If the district attorney or the Attorney General prevails in a proceeding to recover the fine described in subsection 1, the district attorney or the Attorney General is entitled to recover the costs of the proceeding, including, without limitation, the cost of any investigation and reasonable attorney’s fees.

      3.  The Secretary of State may adopt regulations to administer the provisions of this section.

      (Added to NRS by 2009, 1691)