Nev. Rev. Stat. § 86.095
“Noneconomic member” defined
Nevada · Nevada Revised Statutes Chapter 86 — Limited-Liability Companies · Status: effective
Cite this
- Citation
- Nev. Rev. Stat. § 86.095, “Noneconomic member” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2077353
- Permanent ID
ys:prov:2077353@1- SHA-256
8b249e2f2bd7c997d33f6e6c09b339d86bad4746f3bd40d038a25cd4998ce242
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. “Noneconomic member” means a member of a limited-liability company who:
(a) Does not own a member’s interest in the company;
(b) Does not have an obligation to contribute capital to the company;
(c) Does not have a right to participate in or receive distributions from the company or an obligation to contribute to the losses of the company; and
(d) May have voting rights and other rights and privileges given to noneconomic members of the company by the articles of organization or operating agreement.
2. As used in this section, “distribution” has the meaning ascribed to it in NRS 86.279.