Nevada Business Associations; Securities; Commodities
Sec. § 78.747
Liability of another person for debt or liability of corporation.


1.

Except as otherwise specifically provided by statute or agreement, no person other than a corporation is individually liable for a debt or liability of the corporation unless the person acts as the alter ego of the corporation.

2.

A person acts as the alter ego of a corporation only if:

(a)

The corporation is influenced and governed by the person;

(b)

There is such unity of interest and ownership that the corporation and the person are inseparable from each other; and

(c)

Adherence to the notion of the corporation being an entity separate from the person would sanction fraud or promote a manifest injustice.

3.

The question of whether a person acts as the alter ego of a corporation must be determined by the court as a matter of law.
Source
Last accessed
Jul. 13, 2020