Nev. Rev. Stat. § 78.225
This is the official text of Nev. Rev. Stat. § 78.225, part of Nevada’s Rev. Stat — part of the compiled statutory law of Nevada, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Stockholder's liability: No individual liability except for payment for which shares were authorized to be issued or which was specified in subscription agreement
Official statutory text
Unless otherwise provided in the articles of incorporation, no stockholder of any corporation formed under the laws of this State is individually liable for the debts or liabilities of the corporation. A purchaser of shares of stock from the corporation is not liable to the corporation or its creditors with respect to the shares, except to pay the consideration for which the shares were authorized to be issued or which was specified in the written subscription agreement.
Status: in_force · Read it on the official government site
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