Senate Bill No. 298–Committee on Judiciary
March 17, 2003
____________
Referred to Committee on Judiciary
SUMMARY—Makes various changes to provisions pertaining to business. (BDR 7‑987)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State: No.
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EXPLANATION
– Matter in bolded italics is new; matter
between brackets [omitted material] is material to be omitted.
Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).
AN ACT relating to business; requiring a defaulting business entity that wants to reinstate its right to transact business in this state to file with the Secretary of State a certificate of acceptance of appointment signed by its resident agent; changing the exclusive remedy by which a judgment creditor of a member of a limited-liability company or a limited partnership may satisfy a judgment; allowing a limited partnership to register as a limited-liability limited partnership; increasing certain fees and establishing new fees; requiring a resident agent to file with the Secretary of State a certificate of name change of resident agent under certain circumstances; providing for the issuance of an order to cease and desist for failure to comply with certain provisions pertaining to business licenses; repealing the exemption from business tax provisions for a natural person who does not employ employees during a calendar quarter; authorizing the Secretary of State to hire additional personnel; making various other changes to provisions pertaining to business entities; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
1-1 Section 1. The Legislature hereby declares that:
2-1 1. Many of the fees increased pursuant to the amendatory
2-2 provisions of this act have not been increased for a substantial
2-3 length of time, and increasing these fees is necessary and
2-4 appropriate at this time.
2-5 2. It is the intent of the Legislature that the fees increased
2-6 pursuant to the amendatory provisions of this act must not be
2-7 increased again for a period of at least 10 years following the
2-8 enactment of this act.
2-9 Sec. 2. NRS 78.0295 is hereby amended to read as follows:
2-10 78.0295 1. A corporation may correct a document filed by
2-11 the Secretary of State with respect to the corporation if the
2-12 document contains an inaccurate record of a corporate action
2-13 described in the document or was defectively executed, attested,
2-14 sealed, verified or acknowledged.
2-15 2. To correct a document, the corporation shall:
2-16 (a) Prepare a certificate of correction which:
2-17 (1) States the name of the corporation;
2-18 (2) Describes the document, including, without limitation, its
2-19 filing date;
2-20 (3) Specifies the inaccuracy or defect;
2-21 (4) Sets forth the inaccurate or defective portion of the
2-22 document in an accurate or corrected form; and
2-23 (5) Is signed by an officer of the corporation.
2-24 (b) Deliver the certificate to the Secretary of State for filing.
2-25 (c) Pay a filing fee of [$150] $175 to the Secretary of State.
2-26 3. A certificate of correction is effective on the effective date
2-27 of the document it corrects except as to persons relying on the
2-28 uncorrected document and adversely affected by the correction. As
2-29 to those persons, the certificate is effective when filed.
2-30 Sec. 3. NRS 78.097 is hereby amended to read as follows:
2-31 78.097 1. A resident agent who desires to resign shall file
2-32 with the Secretary of State a signed statement , on a form provided
2-33 by the Secretary of State, for each [corporation] artificial person
2-34 formed, organized, registered or qualified pursuant to the
2-35 provisions of this title that he is unwilling to continue to act as the
2-36 resident agent of the [corporation] artificial person for the service
2-37 of process. The fee for filing a statement of resignation is $100 for
2-38 the first artificial person that the resident agent is unwilling to
2-39 continue to act as the agent of and $1 for each additional artificial
2-40 person listed on the statement of resignation. A resignation is not
2-41 effective until the signed statement is filed with the Secretary of
2-42 State.
2-43 2. The statement of resignation may contain a statement of the
2-44 affected corporation appointing a successor resident agent for that
2-45 corporation. A certificate of acceptance executed by the new
3-1 resident agent, stating the full name, complete street address and, if
3-2 different from the street address, mailing address of the new resident
3-3 agent, must accompany the statement appointing a successor
3-4 resident agent.
3-5 3. Upon the filing of the statement of resignation with the
3-6 Secretary of State the capacity of the resigning person as resident
3-7 agent terminates. If the statement of resignation contains no
3-8 statement by the corporation appointing a successor resident agent,
3-9 the resigning resident agent shall immediately give written notice,
3-10 by mail, to the corporation of the filing of the statement and its
3-11 effect. The notice must be addressed to any officer of the
3-12 corporation other than the resident agent.
3-13 4. If a resident agent dies, resigns or removes from the State,
3-14 the corporation, within 30 days thereafter, shall file with the
3-15 Secretary of State a certificate of acceptance executed by the new
3-16 resident agent. The certificate must set forth the full name and
3-17 complete street address of the new resident agent for the service of
3-18 process, and may have a separate mailing address, such as a post
3-19 office box, which may be different from the street address.
3-20 5. A corporation that fails to file a certificate of acceptance
3-21 executed by the new resident agent within 30 days after the death,
3-22 resignation or removal of its former resident agent shall be deemed
3-23 in default and is subject to the provisions of NRS 78.170 and
3-24 78.175.
3-25 Sec. 4. NRS 78.110 is hereby amended to read as follows:
3-26 78.110 1. If a corporation created pursuant to this chapter
3-27 desires to change its resident agent, the change may be effected by
3-28 filing with the Secretary of State a certificate of change of resident
3-29 agent signed by an officer of the corporation which sets forth:
3-30 (a) The name of the corporation;
3-31 (b) The name and street address of its present resident agent; and
3-32 (c) The name and street address of the new resident agent.
3-33 2. The new resident agent’s certificate of acceptance must be a
3-34 part of or attached to the certificate of change [.] of resident agent.
3-35 3. If the name of a resident agent is changed as a result of a
3-36 merger, conversion, exchange, sale, reorganization or
3-37 amendment, the resident agent shall:
3-38 (a) File with the Secretary of State a certificate of name
3-39 change of resident agent that includes:
3-40 (1) The current name of the resident agent as filed with the
3-41 Secretary of State;
3-42 (2) The new name of the resident agent; and
3-43 (3) The name and file number of each artificial person
3-44 formed, organized, registered or qualified pursuant to the
3-45 provisions of this title that the resident agent represents; and
4-1 (b) Pay to the Secretary of State a filing fee of $100.
4-2 4. A change authorized by this section becomes effective upon
4-3 the filing of the proper certificate of change.
4-4 Sec. 5. NRS 78.150 is hereby amended to read as follows:
4-5 78.150 1. A corporation organized pursuant to the laws of
4-6 this state shall, on or before the first day of the second month after
4-7 the filing of its articles of incorporation with the Secretary of State,
4-8 file with the Secretary of State a list, on a form furnished by him,
4-9 containing:
4-10 (a) The name of the corporation;
4-11 (b) The file number of the corporation, if known;
4-12 (c) The names and titles of the president, secretary, treasurer and
4-13 of all the directors of the corporation;
4-14 (d) The mailing or street address, either residence or business, of
4-15 each officer and director listed, following the name of the officer or
4-16 director;
4-17 (e) The name and street address of the lawfully designated
4-18 resident agent of the corporation; and
4-19 (f) The signature of an officer of the corporation certifying that
4-20 the list is true, complete and accurate.
4-21 2. The corporation shall annually thereafter, on or before the
4-22 last day of the month in which the anniversary date of incorporation
4-23 occurs in each year, file with the Secretary of State, on a form
4-24 furnished by him, an annual list containing all of the information
4-25 required in subsection 1.
4-26 3. Each list required by subsection 1 or 2 must be accompanied
4-27 by a declaration under penalty of perjury that the corporation has
4-28 complied with the provisions of chapter 364A of NRS.
4-29 4. Upon filing the list required by:
4-30 (a) Subsection 1, the corporation shall pay to the Secretary of
4-31 State a fee of [$165.] $125.
4-32 (b) Subsection 2, the corporation shall pay to the Secretary of
4-33 State [a fee of $85.] , if the amount represented by the total
4-34 number of shares provided for in the articles is:
4-35 $75,000 or less................................. $125
4-36 Over $75,000 and not over $200,000175
4-37 Over $200,000 and not over $500,000275
4-38 Over $500,000 and not over $1,000,000.. 375
4-39 Over $1,000,000:
4-40 For the first $1,000,000................ 375
4-41 For each additional $500,000 or fraction
4-42 thereof......................................... 275
4-43 The maximum fee which may be charged pursuant to paragraph
4-44 (b) for filing the annual list is $11,100.
5-1 5. If a director or officer of a corporation resigns and the
5-2 resignation is not made in conjunction with the filing of an
5-3 annual or amended list of directors and officers, the corporation
5-4 shall pay to the Secretary of State a fee of $75 to file the
5-5 resignation of the director or officer.
5-6 6. The Secretary of State shall, 60 days before the last day for
5-7 filing each annual list required by subsection 2, cause to be mailed
5-8 to each corporation which is required to comply with the provisions
5-9 of NRS 78.150 to 78.185, inclusive, and which has not become
5-10 delinquent, a notice of the fee due pursuant to subsection 4 and a
5-11 reminder to file the annual list required by subsection 2. Failure of
5-12 any corporation to receive a notice or form does not excuse it from
5-13 the penalty imposed by law.
5-14 [6.] 7. If the list to be filed pursuant to the provisions of
5-15 subsection 1 or 2 is defective in any respect or the fee required by
5-16 subsection 4 or [8] 9 is not paid, the Secretary of State may return
5-17 the list for correction or payment.
5-18 [7.] 8. An annual list for a corporation not in default which is
5-19 received by the Secretary of State more than 60 days before its due
5-20 date shall be deemed an amended list for the previous year and must
5-21 be accompanied by [a fee of $85] the appropriate fee as provided in
5-22 subsection 4 for filing. A payment submitted pursuant to this
5-23 subsection does not satisfy the requirements of subsection 2 for the
5-24 year to which the due date is applicable.
5-25 [8.] 9. If the corporation is an association as defined in NRS
5-26 116.110315, the Secretary of State shall not accept the filing
5-27 required by this section unless it is accompanied by evidence of the
5-28 payment of the fee required to be paid pursuant to NRS 116.31155
5-29 that is provided to the association pursuant to subsection 4 of that
5-30 section.
5-31 Sec. 6. NRS 78.170 is hereby amended to read as follows:
5-32 78.170 1. Each corporation required to make a filing and pay
5-33 the fee prescribed in NRS 78.150 to 78.185, inclusive, which refuses
5-34 or neglects to do so within the time provided shall be deemed in
5-35 default.
5-36 2. For default there must be added to the amount of the fee a
5-37 penalty of [$50.] $75. The fee and penalty must be collected as
5-38 provided in this chapter.
5-39 Sec. 7. NRS 78.180 is hereby amended to read as follows:
5-40 78.180 1. Except as otherwise provided in subsections 3 and
5-41 4, the Secretary of State shall reinstate a corporation which has
5-42 forfeited its right to transact business pursuant to the provisions of
5-43 this chapter and restore to the corporation its right to carry on
5-44 business in this state, and to exercise its corporate privileges and
5-45 immunities, if it:
6-1 (a) Files with the Secretary of State [the] :
6-2 (1) The list required by NRS 78.150; and
6-3 (2) A certificate of acceptance of appointment signed by its
6-4 resident agent; and
6-5 (b) Pays to the Secretary of State:
6-6 (1) The filing fee and penalty set forth in NRS 78.150 and
6-7 78.170 for each year or portion thereof during which it failed to file
6-8 each required annual list in a timely manner; and
6-9 (2) A fee of [$200] $300 for reinstatement.
6-10 2. When the Secretary of State reinstates the corporation, he
6-11 shall:
6-12 (a) Immediately issue and deliver to the corporation a certificate
6-13 of reinstatement authorizing it to transact business as if the filing fee
6-14 or fees had been paid when due; and
6-15 (b) Upon demand, issue to the corporation one or more certified
6-16 copies of the certificate of reinstatement.
6-17 3. The Secretary of State shall not order a reinstatement unless
6-18 all delinquent fees and penalties have been paid, and the revocation
6-19 of the charter occurred only by reason of failure to pay the fees and
6-20 penalties.
6-21 4. If a corporate charter has been revoked pursuant to the
6-22 provisions of this chapter and has remained revoked for a period of
6-23 5 consecutive years, the charter must not be reinstated.
6-24 Sec. 8. NRS 78.390 is hereby amended to read as follows:
6-25 78.390 1. Every amendment adopted pursuant to the
6-26 provisions of NRS 78.385 must be made in the following manner:
6-27 (a) The board of directors must adopt a resolution setting forth
6-28 the amendment proposed and declaring its advisability, and either
6-29 call a special meeting of the stockholders entitled to vote on the
6-30 amendment or direct that the proposed amendment be considered at
6-31 the next annual meeting of the stockholders entitled to vote on the
6-32 amendment.
6-33 (b) At the meeting, of which notice must be given to each
6-34 stockholder entitled to vote pursuant to the provisions of this
6-35 section, a vote of the stockholders entitled to vote in person or by
6-36 proxy must be taken for and against the proposed amendment. If it
6-37 appears upon the canvassing of the votes that stockholders holding
6-38 shares in the corporation entitling them to exercise at least a
6-39 majority of the voting power, or such greater proportion of the
6-40 voting power as may be required in the case of a vote by classes or
6-41 series, as provided in subsections 2 and 4, or as may be required by
6-42 the provisions of the articles of incorporation, have voted in favor of
6-43 the amendment, an officer of the corporation shall sign a certificate
6-44 setting forth the amendment, or setting forth the articles of
7-1 incorporation as amended, and the vote by which the amendment
7-2 was adopted.
7-3 (c) The certificate so signed must be filed with the Secretary of
7-4 State.
7-5 2. If any proposed amendment would adversely alter or change
7-6 any preference or any relative or other right given to any class or
7-7 series of outstanding shares, then the amendment must be approved
7-8 by the vote, in addition to the affirmative vote otherwise required, of
7-9 the holders of shares representing a majority of the voting power of
7-10 each class or series adversely affected by the amendment regardless
7-11 of limitations or restrictions on the voting power thereof.
7-12 3. Provision may be made in the articles of incorporation
7-13 requiring, in the case of any specified amendments, a larger
7-14 proportion of the voting power of stockholders than that required by
7-15 this section.
7-16 4. Different series of the same class of shares do not constitute
7-17 different classes of shares for the purpose of voting by classes
7-18 except when the series is adversely affected by an amendment in a
7-19 different manner than other series of the same class.
7-20 5. The resolution of the stockholders approving the proposed
7-21 amendment may provide that at any time before the effective date of
7-22 the amendment, notwithstanding approval of the proposed
7-23 amendment by the stockholders, the board of directors may, by
7-24 resolution, abandon the proposed amendment without further action
7-25 by the stockholders.
7-26 6. A certificate filed pursuant to subsection 1 becomes
7-27 effective upon filing with the Secretary of State or upon a later date
7-28 specified in the certificate, which must not be later than 90 days
7-29 after the certificate is filed.
7-30 7. If a certificate filed pursuant to subsection 1 specifies an
7-31 effective date and if the resolution of the stockholders approving the
7-32 proposed amendment provides that the board of directors may
7-33 abandon the proposed amendment pursuant to subsection 5, the
7-34 board of directors may terminate the effectiveness of the certificate
7-35 by resolution and by filing a certificate of termination with the
7-36 Secretary of State that:
7-37 (a) Is filed before the effective date specified in the certificate
7-38 filed pursuant to subsection 1;
7-39 (b) Identifies the certificate being terminated;
7-40 (c) States that, pursuant to the resolution of the stockholders, the
7-41 board of directors is authorized to terminate the effectiveness of the
7-42 certificate;
7-43 (d) States that the effectiveness of the certificate has been
7-44 terminated;
7-45 (e) Is signed by an officer of the corporation; and
8-1 (f) Is accompanied by a filing fee of [$150.] $175.
8-2 Sec. 9. NRS 78.760 is hereby amended to read as follows:
8-3 78.760 1. The fee for filing articles of incorporation is
8-4 prescribed in the following schedule:
8-5 If the amount represented by the total number of shares
8-6 provided for in the articles is:
8-7 $75,000 or less....................... [$175] $ 75
8-8 Over $75,000 and not over $200,000[225] 175
8-9 Over $200,000 and not over $500,000[325] 275
8-10 Over $500,000 and not over $1,000,000[425] 375
8-11 Over $1,000,000:
8-12 For the first $1,000,000....... [425] 375
8-13 For each additional $500,000 or fraction
8-14 thereof............................... [225] 275
8-15 2. The maximum fee which may be charged pursuant to this
8-16 section is [$25,000] $35,000 for:
8-17 (a) The original filing of articles of incorporation.
8-18 (b) A subsequent filing of any instrument which authorizes an
8-19 increase in stock.
8-20 3. For the purposes of computing the filing fees according to
8-21 the schedule in subsection 1, the amount represented by the total
8-22 number of shares provided for in the articles of incorporation is:
8-23 (a) The aggregate par value of the shares, if only shares with a
8-24 par value are therein provided for;
8-25 (b) The product of the number of shares multiplied by $1,
8-26 regardless of any lesser amount prescribed as the value or
8-27 consideration for which shares may be issued and disposed of, if
8-28 only shares without par value are therein provided for; or
8-29 (c) The aggregate par value of the shares with a par value plus
8-30 the product of the number of shares without par value multiplied by
8-31 $1, regardless of any lesser amount prescribed as the value or
8-32 consideration for which the shares without par value may be issued
8-33 and disposed of, if shares with and without par value are therein
8-34 provided for.
8-35 For the purposes of this subsection, shares with no prescribed par
8-36 value shall be deemed shares without par value.
8-37 4. The Secretary of State shall calculate filing fees pursuant to
8-38 this section with respect to shares with a par value of less than one-
8-39 tenth of a cent as if the par value were one-tenth of a cent.
8-40 Sec. 10. NRS 78.765 is hereby amended to read as follows:
8-41 78.765 1. The fee for filing a certificate changing the number
8-42 of authorized shares pursuant to NRS 78.209 or a certificate of
8-43 amendment to articles of incorporation that increases the
8-44 corporation’s authorized stock or a certificate of correction that
9-1 increases the corporation’s authorized stock is the difference
9-2 between the fee computed at the rates specified in NRS 78.760 upon
9-3 the total authorized stock of the corporation, including the proposed
9-4 increase, and the fee computed at the rates specified in NRS 78.760
9-5 upon the total authorized capital, excluding the proposed increase.
9-6 In no case may the amount be less than [$150.] $175.
9-7 2. The fee for filing a certificate of amendment to articles of
9-8 incorporation that does not increase the corporation’s authorized
9-9 stock or a certificate of correction that does not increase the
9-10 corporation’s authorized stock is [$150.] $175.
9-11 3. The fee for filing a certificate or an amended certificate
9-12 pursuant to NRS 78.1955 is [$150.] $175.
9-13 4. The fee for filing a certificate of termination pursuant to
9-14 NRS 78.1955, 78.209 or 78.380 is [$150.] $175.
9-15 Sec. 11. NRS 78.767 is hereby amended to read as follows:
9-16 78.767 1. The fee for filing a certificate of restated articles of
9-17 incorporation that does not increase the corporation’s authorized
9-18 stock is [$150.] $175.
9-19 2. The fee for filing a certificate of restated articles of
9-20 incorporation that increases the corporation’s authorized stock is the
9-21 difference between the fee computed pursuant to NRS 78.760 based
9-22 upon the total authorized stock of the corporation, including the
9-23 proposed increase, and the fee computed pursuant to NRS 78.760
9-24 based upon the total authorized stock of the corporation, excluding
9-25 the proposed increase. In no case may the amount be less than
9-26 [$150.] $175.
9-27 Sec. 12. NRS 78.780 is hereby amended to read as follows:
9-28 78.780 1. The fee for filing a certificate of extension of
9-29 corporate existence of any corporation is an amount equal to one-
9-30 fourth of the fee computed at the rates specified in NRS 78.760 for
9-31 filing articles of incorporation.
9-32 2. The fee for filing a certificate of dissolution whether it
9-33 occurs before or after payment of capital and beginning of business
9-34 is [$60.] $75.
9-35 Sec. 13. NRS 78.785 is hereby amended to read as follows:
9-36 78.785 1. The fee for filing a certificate of change of location
9-37 of a corporation’s registered office and resident agent, or a new
9-38 designation of resident agent, is [$30.] $60.
9-39 2. The fee for certifying articles of incorporation where a copy
9-40 is provided is [$20.] $30.
9-41 3. The fee for certifying a copy of an amendment to articles of
9-42 incorporation, or to a copy of the articles as amended, where a copy
9-43 is furnished, is [$20.] $30.
10-1 4. The fee for certifying an authorized printed copy of the
10-2 general corporation law as compiled by the Secretary of State is
10-3 [$20.] $30.
10-4 5. The fee for reserving a corporate name is [$20.] $25.
10-5 6. The fee for executing a certificate of corporate existence
10-6 which does not list the previous documents relating to the
10-7 corporation, or a certificate of change in a corporate name, is
10-8 [$40.] $50.
10-9 7. The fee for executing a certificate of corporate existence
10-10 which lists the previous documents relating to the corporation is
10-11 [$40.] $50.
10-12 8. The fee for executing, certifying or filing any certificate or
10-13 document not provided for in NRS 78.760 to 78.785, inclusive, is
10-14 [$40.] $50.
10-15 9. The fee for copies made at the Office of the Secretary of
10-16 State is [$1] $2 per page.
10-17 10. The fees for filing articles of incorporation, articles of
10-18 merger, or certificates of amendment increasing the basic surplus of
10-19 a mutual or reciprocal insurer must be computed pursuant to NRS
10-20 78.760, 78.765 and 92A.210, on the basis of the amount of basic
10-21 surplus of the insurer.
10-22 11. The fee for examining and provisionally approving any
10-23 document at any time before the document is presented for filing is
10-24 [$100.] $125.
10-25 Sec. 14. NRS 78.795 is hereby amended to read as follows:
10-26 78.795 1. Any natural person or corporation residing or
10-27 located in this state may [, on or after January 1 of any year but
10-28 before January 31 of that year,] register for that calendar year his
10-29 willingness to serve as the resident agent of a domestic or foreign
10-30 corporation, limited-liability company or limited partnership with
10-31 the Secretary of State. The registration must state the full, legal
10-32 name of the person or corporation willing to serve as the resident
10-33 agent and be accompanied by a fee of [$250] $500 per office
10-34 location of the resident agent.
10-35 2. The Secretary of State shall maintain a list of those persons
10-36 who are registered pursuant to subsection 1 and make the list
10-37 available to persons seeking to do business in this state.
10-38 3. A person registered pursuant to subsection 1 may apply to
10-39 the Secretary of State to amend any information pertaining to that
10-40 person contained in the list for a fee of $50.
10-41 4. The Secretary of State may adopt regulations prescribing
10-42 the content, maintenance and presentation of the list.
10-43 Sec. 15. NRS 80.050 is hereby amended to read as follows:
10-44 80.050 1. Except as otherwise provided in subsection 3,
10-45 foreign corporations shall pay the same fees to the Secretary of State
11-1 as are required to be paid by corporations organized pursuant to the
11-2 laws of this state, but the amount of fees to be charged must not
11-3 exceed:
11-4 (a) The sum of [$25,000] $35,000 for filing documents for
11-5 initial qualification; or
11-6 (b) The sum of [$25,000] $35,000 for each subsequent filing of
11-7 a certificate increasing authorized capital stock.
11-8 2. If the corporate documents required to be filed set forth only
11-9 the total number of shares of stock the corporation is authorized to
11-10 issue without reference to value, the authorized shares shall be
11-11 deemed to be without par value and the filing fee must be computed
11-12 pursuant to paragraph (b) of subsection 3 of NRS 78.760.
11-13 3. Foreign corporations which are nonprofit corporations and
11-14 do not have or issue shares of stock shall pay the same fees to the
11-15 Secretary of State as are required to be paid by nonprofit
11-16 corporations organized pursuant to the laws of this state.
11-17 4. The fee for filing a notice of withdrawal from the State of
11-18 Nevada by a foreign corporation is [$60.] $75.
11-19 Sec. 16. NRS 80.070 is hereby amended to read as follows:
11-20 80.070 1. A foreign corporation may change its resident
11-21 agent by filing with the Secretary of State:
11-22 (a) A certificate of change [,] of resident agent, signed by an
11-23 officer of the corporation, setting forth:
11-24 (1) The name of the corporation;
11-25 (2) The name and street address of the present resident agent;
11-26 and
11-27 (3) The name and street address of the new resident agent;
11-28 and
11-29 (b) A certificate of acceptance executed by the new resident
11-30 agent, which must be a part of or attached to the certificate of
11-31 change [.
11-32 The change authorized by this subsection becomes effective upon
11-33 the filing of the certificate of change.] of resident agent.
11-34 2. If the name of a resident agent is changed as a result of a
11-35 merger, conversion, exchange, sale, reorganization or
11-36 amendment, the resident agent shall:
11-37 (a) File with the Secretary of State a certificate of name
11-38 change of resident agent that includes:
11-39 (1) The current name of the resident agent as filed with the
11-40 Secretary of State;
11-41 (2) The new name of the resident agent; and
11-42 (3) The name and file number of each artificial person
11-43 formed, organized, registered or qualified pursuant to the
11-44 provisions of this title that the resident agent represents; and
11-45 (b) Pay to the Secretary of State a filing fee of $100.
12-1 3. A change authorized by subsection 1 or 2 becomes effective
12-2 upon the filing of the proper certificate of change.
12-3 4. A [person who has been designated by a foreign corporation
12-4 as] resident agent [may file] who desires to resign shall:
12-5 (a) File with the Secretary of State a signed statement in the
12-6 manner provided pursuant to subsection 1 of NRS 78.097 that he is
12-7 unwilling to continue to act as the resident agent of the corporation
12-8 for the service of process [.
12-9 3.] ; and
12-10 (b) Pay to the Secretary of State the filing fee set forth in
12-11 subsection 1 of NRS 78.097.
12-12 A resignation is not effective until the signed statement is filed
12-13 with the Secretary of State.
12-14 5. Upon the filing of the statement of resignation with the
12-15 Secretary of State, the capacity of the resigning person as resident
12-16 agent terminates. If the statement of resignation is not accompanied
12-17 by a statement of the corporation appointing a successor resident
12-18 agent, the resigning resident agent shall give written notice, by mail,
12-19 to the corporation, of the filing of the statement and its effect. The
12-20 notice must be addressed to any officer of the corporation other than
12-21 the resident agent.
12-22 [4.] 6. If a resident agent dies, resigns or moves from the State,
12-23 the corporation, within 30 days thereafter, shall file with the
12-24 Secretary of State a certificate of acceptance executed by the new
12-25 resident agent. The certificate must set forth the name of the new
12-26 resident agent, his street address for the service of process, and his
12-27 mailing address if different from his street address.
12-28 [5.] 7. A corporation that fails to file a certificate of acceptance
12-29 executed by a new resident agent within 30 days after the death,
12-30 resignation or removal of its resident agent shall be deemed in
12-31 default and is subject to the provisions of NRS 80.150 and 80.160.
12-32 Sec. 17. NRS 80.110 is hereby amended to read as follows:
12-33 80.110 1. Each foreign corporation doing business in this
12-34 state shall, on or before the first day of the second month after the
12-35 filing of its certificate of corporate existence with the Secretary of
12-36 State, and annually thereafter on or before the last day of the month
12-37 in which the anniversary date of its qualification to do business in
12-38 this state occurs in each year, file with the Secretary of State a list,
12-39 on a form furnished by him, that contains:
12-40 (a) The names of its president, secretary and treasurer or their
12-41 equivalent, and all of its directors;
12-42 (b) [A designation of its] The name and street address of the
12-43 lawfully designated resident agent of the corporation in this state;
12-44 and
12-45 (c) The signature of an officer of the corporation.
13-1 Each list filed pursuant to this subsection must be accompanied by a
13-2 declaration under penalty of perjury that the foreign corporation has
13-3 complied with the provisions of chapter 364A of NRS.
13-4 2. Upon filing:
13-5 (a) The initial list required by subsection 1, the corporation shall
13-6 pay to the Secretary of State a fee of [$165.] $125.
13-7 (b) Each annual list required by subsection 1, the corporation
13-8 shall pay to the Secretary of State [a fee of $85.] , if the amount
13-9 represented by the total number of shares provided for in the
13-10 articles is:
13-11 $75,000 or less................................ $125
13-12 Over $75,000 and not over $200,000175
13-13 Over $200,000 and not over $500,000275
13-14 Over $500,000 and not over $1,000,000 375
13-15 Over $1,000,000:
13-16 For the first $1,000,000................ 375
13-17 For each additional $500,000 or fraction thereof 275
13-18 The maximum fee which may be charged pursuant to paragraph
13-19 (b) for filing the annual list is $11,100.
13-20 3. If a director or officer of a corporation resigns and the
13-21 resignation is not made in conjunction with the filing of an
13-22 annual or amended list of directors and officers, the corporation
13-23 shall pay to the Secretary of State a fee of $75 to file the
13-24 resignation of the director or officer.
13-25 4. The Secretary of State shall, 60 days before the last day for
13-26 filing each annual list required by subsection 1, cause to be mailed
13-27 to each corporation required to comply with the provisions of NRS
13-28 80.110 to 80.170, inclusive, which has not become delinquent, the
13-29 blank forms to be completed and filed with him. Failure of any
13-30 corporation to receive the forms does not excuse it from the penalty
13-31 imposed by the provisions of NRS 80.110 to 80.170, inclusive.
13-32 [4.] 5. An annual list for a corporation not in default which is
13-33 received by the Secretary of State more than 60 days before its due
13-34 date shall be deemed an amended list for the previous year and does
13-35 not satisfy the requirements of subsection 1 for the year to which the
13-36 due date is applicable.
13-37 Sec. 18. NRS 80.150 is hereby amended to read as follows:
13-38 80.150 1. Any corporation required to make a filing and pay
13-39 the fee prescribed in NRS 80.110 to 80.170, inclusive, which refuses
13-40 or neglects to do so within the time provided, is in default.
13-41 2. For default there must be added to the amount of the fee a
13-42 penalty of [$50,] $75, and unless the filing is made and the fee and
13-43 penalty are paid on or before the first day of the ninth month
13-44 following the month in which filing was required, the defaulting
13-45 corporation by reason of its default forfeits its right to transact any
14-1 business within this state. The fee and penalty must be collected as
14-2 provided in this chapter.
14-3 Sec. 19. NRS 80.170 is hereby amended to read as follows:
14-4 80.170 1. Except as otherwise provided in subsections 3 and
14-5 4, the Secretary of State shall reinstate a corporation which has
14-6 forfeited or which forfeits its right to transact business under the
14-7 provisions of this chapter and restore to the corporation its right to
14-8 transact business in this state, and to exercise its corporate privileges
14-9 and immunities if it:
14-10 (a) Files with the Secretary of State [a] :
14-11 (1) The list as provided in NRS 80.110 and 80.140; and
14-12 (2) A certificate of acceptance of appointment signed by its
14-13 resident agent; and
14-14 (b) Pays to the Secretary of State:
14-15 (1) The filing fee and penalty set forth in NRS 80.110 and
14-16 80.150 for each year or portion thereof that its right to transact
14-17 business was forfeited; and
14-18 (2) A fee of [$200] $300 for reinstatement.
14-19 2. If payment is made and the Secretary of State reinstates the
14-20 corporation to its former rights, he shall:
14-21 (a) Immediately issue and deliver to the corporation so
14-22 reinstated a certificate of reinstatement authorizing it to transact
14-23 business in the same manner as if the filing fee had been paid when
14-24 due; and
14-25 (b) Upon demand, issue to the corporation one or more certified
14-26 copies of the certificate of reinstatement.
14-27 3. The Secretary of State shall not order a reinstatement unless
14-28 all delinquent fees and penalties have been paid, and the revocation
14-29 of the right to transact business occurred only by reason of failure to
14-30 pay the fees and penalties.
14-31 4. If the right of a corporation to transact business in this state
14-32 has been forfeited pursuant to the provisions of NRS 80.160 and has
14-33 remained forfeited for a period of 5 consecutive years, the right is
14-34 not subject to reinstatement.
14-35 Sec. 19.5. NRS 80.190 is hereby amended to read as follows:
14-36 80.190 1. Except as otherwise provided in subsection 2, each
14-37 foreign corporation doing business in this state shall, not later than
14-38 the month of March in each year, publish a statement of its last
14-39 calendar year’s business in two numbers or issues of a newspaper
14-40 published in this state [.] that has a total weekly circulation of at
14-41 least 1,000. The statement must include:
14-42 (a) The name of the corporation.
14-43 (b) The name and title of the corporate officer submitting the
14-44 statement.
15-1 (c) The mailing or street address of the corporation’s principal
15-2 office.
15-3 (d) The mailing or street address of the corporation’s office in
15-4 this state, if one exists.
15-5 (e) The total assets and liabilities of the corporation at the end
15-6 of the year.
15-7 2. If the corporation keeps its records on the basis of a fiscal
15-8 year other than the calendar, the statement required by subsection 1
15-9 must be published not later than the end of the third month
15-10 following the close of each fiscal year.
15-11 3. A corporation which neglects or refuses to publish a
15-12 statement as required by this section is liable to a penalty of $100
15-13 for each month that the statement remains unpublished.
15-14 4. Any district attorney in the State or the Attorney General
15-15 may sue to recover the penalty. The first county suing through its
15-16 district attorney shall recover the penalty, and if no suit is brought
15-17 for the penalty by any district attorney, the State may recover
15-18 through the Attorney General.
15-19 Sec. 20. NRS 82.193 is hereby amended to read as follows:
15-20 82.193 1. A corporation shall have a resident agent in the
15-21 manner provided in NRS 78.090, 78.095, 78.097 and 78.110. The
15-22 resident agent and the corporation shall comply with the provisions
15-23 of those sections.
15-24 2. A corporation is subject to the provisions of NRS 78.150 to
15-25 78.185, inclusive, except that:
15-26 (a) The fee for filing a list is [$15;] $25;
15-27 (b) The penalty added for default is [$5;] $50; and
15-28 (c) The fee for reinstatement is [$25.] $100.
15-29 Sec. 21. NRS 82.531 is hereby amended to read as follows:
15-30 82.531 1. The fee for filing articles of incorporation,
15-31 amendments to or restatements of articles of incorporation,
15-32 certificates pursuant to NRS 82.061 and 82.063 and documents for
15-33 dissolution is [$25] $50 for each document.
15-34 2. Except as otherwise provided in NRS 82.193 and subsection
15-35 1, the fees for filing documents are those set forth in NRS 78.765 to
15-36 78.785, inclusive.
15-37 Sec. 22. NRS 82.546 is hereby amended to read as follows:
15-38 82.546 1. Any corporation which did exist or is existing
15-39 pursuant to the laws of this state may, upon complying with the
15-40 provisions of NRS 78.150 and 82.193, procure a renewal or revival
15-41 of its charter for any period, together with all the rights, franchises,
15-42 privileges and immunities, and subject to all its existing and
15-43 preexisting debts, duties and liabilities secured or imposed by its
15-44 original charter and amendments thereto, or its existing charter, by
15-45 filing:
16-1 (a) A certificate with the Secretary of State, which must set
16-2 forth:
16-3 (1) The name of the corporation, which must be the name of
16-4 the corporation at the time of the renewal or revival, or its name at
16-5 the time its original charter expired.
16-6 (2) The name and street address of the lawfully designated
16-7 resident agent of the filing corporation, and his mailing address if
16-8 different from his street address.
16-9 (3) The date when the renewal or revival of the charter is to
16-10 commence or be effective, which may be, in cases of a revival,
16-11 before the date of the certificate.
16-12 (4) Whether or not the renewal or revival is to be perpetual,
16-13 and, if not perpetual, the time for which the renewal or revival is to
16-14 continue.
16-15 (5) That the corporation desiring to renew or revive its
16-16 charter is, or has been, organized and carrying on the business
16-17 authorized by its existing or original charter and amendments
16-18 thereto, and desires to renew or continue through revival its
16-19 existence pursuant to and subject to the provisions of this chapter.
16-20 (b) A list of its president, secretary and treasurer and all of its
16-21 directors and their post office box and street addresses, either
16-22 residence or business.
16-23 2. A corporation whose charter has not expired and is being
16-24 renewed shall cause the certificate to be signed by its president or
16-25 vice president and secretary or assistant secretary. The certificate
16-26 must be approved by a majority of the last-appointed surviving
16-27 directors.
16-28 3. A corporation seeking to revive its original or amended
16-29 charter shall cause the certificate to be signed by its president or
16-30 vice president and secretary or assistant secretary. The execution
16-31 and filing of the certificate must be approved unanimously by the
16-32 last-appointed surviving directors of the corporation and must
16-33 contain a recital that unanimous consent was secured. The
16-34 corporation shall pay to the Secretary of State the fee required to
16-35 establish a new corporation pursuant to the provisions of this
16-36 chapter.
16-37 4. The filed certificate, or a copy thereof which has been
16-38 certified under the hand and seal of the Secretary of State, must be
16-39 received in all courts and places as prima facie evidence of the facts
16-40 therein stated and of the existence and incorporation of the
16-41 corporation named therein.
16-42 Sec. 23. NRS 84.090 is hereby amended to read as follows:
16-43 84.090 1. The fee for filing articles of incorporation,
16-44 amendments to or restatements of articles of incorporation [,
17-1 certificates of reinstatement] and documents for dissolution is [$25]
17-2 $50 for each document.
17-3 2. Except as otherwise provided in this chapter, the fees set
17-4 forth in NRS 78.785 apply to this chapter.
17-5 Sec. 24. NRS 84.110 is hereby amended to read as follows:
17-6 84.110 1. Every corporation sole must have a resident agent
17-7 in the manner provided in NRS 78.090 and 78.095, subsections 1 to
17-8 4, inclusive, of NRS 78.097 and NRS 78.110. The resident agent
17-9 shall comply with the provisions of those sections.
17-10 2. A corporation sole that fails to file a certificate of acceptance
17-11 executed by the new resident agent within 30 days after the death,
17-12 resignation or removal of its former resident agent shall be deemed
17-13 in default and is subject to the provisions of NRS 84.130 and
17-14 84.140.
17-15 3. [No] A corporation sole [may be required to file an annual
17-16 list of officers, directors and designation of resident agent.] is
17-17 subject to the provisions of NRS 78.150 to 78.185, inclusive, except
17-18 that:
17-19 (a) The fee for filing a list is $25;
17-20 (b) The penalty added for default is $50; and
17-21 (c) The fee for reinstatement is $100.
17-22 Sec. 24.5. NRS 84.120 is hereby amended to read as follows:
17-23 84.120 1. A resident agent who wishes to resign shall [file] :
17-24 (a) File with the Secretary of State a signed statement [for each
17-25 corporation sole] in the manner provided pursuant to subsection 1
17-26 of NRS 78.097 that he is unwilling to continue to act as the resident
17-27 agent of the corporation for the service of process [.] ; and
17-28 (b) Pay to the Secretary of State the filing fee set forth in
17-29 subsection 1 of NRS 78.097.
17-30 A resignation is not effective until the signed statement is filed with
17-31 the Secretary of State.
17-32 2. The statement of resignation may contain a statement of the
17-33 affected corporation sole appointing a successor resident agent for
17-34 that corporation. A certificate of acceptance executed by the new
17-35 resident agent, stating the full name, complete street address and, if
17-36 different from the street address, mailing address of the new resident
17-37 agent, must accompany the statement appointing a successor
17-38 resident agent.
17-39 3. Upon the filing of the statement of resignation with the
17-40 Secretary of State, the capacity of the resigning person as resident
17-41 agent terminates. If the statement of resignation contains no
17-42 statement by the corporation sole appointing a successor resident
17-43 agent, the resigning resident agent shall immediately give written
17-44 notice, by mail, to the corporation of the filing of the statement and
18-1 its effect. The notice must be addressed to the person in whom is
18-2 vested the legal title to property specified in NRS 84.020.
18-3 4. If a resident agent dies, resigns or removes from the State,
18-4 the corporation sole, within 30 days thereafter, shall file with the
18-5 Secretary of State a certificate of acceptance executed by the new
18-6 resident agent. The certificate must set forth the full name and
18-7 complete street address of the new resident agent for the service of
18-8 process, and may have a separate mailing address, such as a post
18-9 office box, which may be different from the street address.
18-10 5. A corporation sole that fails to file a certificate of acceptance
18-11 executed by the new resident agent within 30 days after the death,
18-12 resignation or removal of its former resident agent shall be deemed
18-13 in default and is subject to the provisions of NRS 84.130 and
18-14 84.140.
18-15 Sec. 25. NRS 86.226 is hereby amended to read as follows:
18-16 86.226 1. A signed certificate of amendment, or a certified
18-17 copy of a judicial decree of amendment, must be filed with the
18-18 Secretary of State. A person who executes a certificate as an agent,
18-19 officer or fiduciary of the limited-liability company need not exhibit
18-20 evidence of his authority as a prerequisite to filing. Unless the
18-21 Secretary of State finds that a certificate does not conform to law,
18-22 upon his receipt of all required filing fees he shall file the certificate.
18-23 2. A certificate of amendment or judicial decree of amendment
18-24 is effective upon filing with the Secretary of State or upon a later
18-25 date specified in the certificate or judicial decree, which must not be
18-26 more than 90 days after the certificate or judicial decree is filed.
18-27 3. If a certificate specifies an effective date and if the
18-28 resolution of the members approving the proposed amendment
18-29 provides that one or more managers or, if management is not vested
18-30 in a manager, one or more members may abandon the proposed
18-31 amendment, then those managers or members may terminate the
18-32 effectiveness of the certificate by filing a certificate of termination
18-33 with the Secretary of State that:
18-34 (a) Is filed before the effective date specified in the certificate or
18-35 judicial decree filed pursuant to subsection 1;
18-36 (b) Identifies the certificate being terminated;
18-37 (c) States that, pursuant to the resolution of the members, the
18-38 manager of the company or, if management is not vested in a
18-39 manager, a designated member is authorized to terminate the
18-40 effectiveness of the certificate;
18-41 (d) States that the effectiveness of the certificate has been
18-42 terminated;
18-43 (e) Is signed by a manager of the company or, if management is
18-44 not vested in a manager, a designated member; and
18-45 (f) Is accompanied by a filing fee of [$150.] $175.
19-1 Sec. 26. NRS 86.235 is hereby amended to read as follows:
19-2 86.235 1. If a limited-liability company formed pursuant to
19-3 this chapter desires to change its resident agent, the change may be
19-4 effected by filing with the Secretary of State a certificate of change
19-5 of resident agent signed by a manager of the company or, if
19-6 management is not vested in a manager, by a member, that sets
19-7 forth:
19-8 (a) The name of the limited-liability company;
19-9 (b) The name and street address of its present resident agent; and
19-10 (c) The name and street address of the new resident agent.
19-11 2. The new resident agent’s certificate of acceptance must be a
19-12 part of or attached to the certificate of change [.
19-13 3. The] of resident agent.
19-14 3. If the name of a resident agent is changed as a result of a
19-15 merger, conversion, exchange, sale, reorganization or
19-16 amendment, the resident agent shall:
19-17 (a) File with the Secretary of State a certificate of name
19-18 change of resident agent that includes:
19-19 (1) The current name of the resident agent as filed with the
19-20 Secretary of State;
19-21 (2) The new name of the resident agent; and
19-22 (3) The name and file number of each artificial person
19-23 formed, organized, registered or qualified pursuant to the
19-24 provisions of this title that the resident agent represents; and
19-25 (b) Pay to the Secretary of State a filing fee of $100.
19-26 4. A change authorized by this section becomes effective upon
19-27 the filing of the proper certificate of change.
19-28 Sec. 26.5. NRS 86.251 is hereby amended to read as follows:
19-29 86.251 1. A resident agent who desires to resign shall [file] :
19-30 (a) File with the Secretary of State a signed statement [for each
19-31 limited-liability company] in the manner provided pursuant to
19-32 subsection 1 of NRS 78.097 that he is unwilling to continue to act
19-33 as the resident agent of the limited-liability company for the service
19-34 of process [.] ; and
19-35 (b) Pay to the Secretary of State the filing fee set forth in
19-36 subsection 1 of NRS 78.097.
19-37 A resignation is not effective until the signed statement is filed with
19-38 the Secretary of State.
19-39 2. The statement of resignation may contain a statement of the
19-40 affected limited-liability company appointing a successor resident
19-41 agent for that limited-liability company, giving the agent’s full
19-42 name, street address for the service of process, and mailing address
19-43 if different from the street address. A certificate of acceptance
19-44 executed by the new resident agent must accompany the statement
19-45 appointing a successor resident agent.
20-1 3. Upon the filing of the statement of resignation with the
20-2 Secretary of State the capacity of the resigning person as resident
20-3 agent terminates. If the statement of resignation contains no
20-4 statement by the limited-liability company appointing a successor
20-5 resident agent, the resigning agent shall immediately give written
20-6 notice, by mail, to the limited-liability company of the filing of the
20-7 statement and its effect. The notice must be addressed to any
20-8 manager or, if none, to any member, of the limited-liability
20-9 company other than the resident agent.
20-10 4. If a resident agent dies, resigns or moves from the State, the
20-11 limited-liability company, within 30 days thereafter, shall file with
20-12 the Secretary of State a certificate of acceptance executed by the
20-13 new resident agent. The certificate must set forth the name,
20-14 complete street address and mailing address, if different from the
20-15 street address, of the new resident agent.
20-16 5. Each limited-liability company which fails to file a
20-17 certificate of acceptance executed by the new resident agent within
20-18 30 days after the death, resignation or removal of its resident agent
20-19 as provided in subsection 4, shall be deemed in default and is
20-20 subject to the provisions of NRS 86.272 and 86.274.
20-21 Sec. 27. NRS 86.263 is hereby amended to read as follows:
20-22 86.263 1. A limited-liability company shall, on or before the
20-23 first day of the second month after the filing of its articles of
20-24 organization with the Secretary of State, file with the Secretary of
20-25 State, on a form furnished by him, a list that contains:
20-26 (a) The name of the limited-liability company;
20-27 (b) The file number of the limited-liability company, if known;
20-28 (c) The names and titles of all of its managers or, if there is no
20-29 manager, all of its managing members;
20-30 (d) The mailing or street address, either residence or business, of
20-31 each manager or managing member listed, following the name of
20-32 the manager or managing member;
20-33 (e) The name and street address of the lawfully designated
20-34 resident agent of the limited-liability company; and
20-35 (f) The signature of a manager or managing member of the
20-36 limited-liability company certifying that the list is true, complete
20-37 and accurate.
20-38 2. The limited-liability company shall annually thereafter, on
20-39 or before the last day of the month in which the anniversary date of
20-40 its organization occurs, file with the Secretary of State, on a form
20-41 furnished by him, an amended list containing all of the information
20-42 required in subsection 1. [If the limited-liability company has had no
20-43 changes in its managers or, if there is no manager, its managing
20-44 members, since its previous list was filed, no amended list need be
20-45 filed if a manager or managing member of the limited-liability
21-1 company certifies to the Secretary of State as a true and accurate
21-2 statement that no changes in the managers or managing members
21-3 have occurred.]
21-4 3. Each list required by [subsection 1 and each list or
21-5 certification required by subsection] subsections 1 and 2 must be
21-6 accompanied by a declaration under penalty of perjury that the
21-7 limited-liability company has complied with the provisions of
21-8 chapter 364A of NRS.
21-9 4. Upon filing:
21-10 (a) The initial list required by subsection 1, the limited-liability
21-11 company shall pay to the Secretary of State a fee of [$165.] $125.
21-12 (b) Each annual list required by subsection 2 , [or certifying that
21-13 no changes have occurred,] the limited-liability company shall pay
21-14 to the Secretary of State a fee of [$85.] $125.
21-15 5. If a manager or managing member of a limited-liability
21-16 company resigns and the resignation is not made in conjunction
21-17 with the filing of an annual or amended list of managers and
21-18 managing members, the limited-liability company shall pay to the
21-19 Secretary of State a fee of $75 to file the resignation of the
21-20 manager or managing member.
21-21 6. The Secretary of State shall, 60 days before the last day for
21-22 filing each list required by subsection 2, cause to be mailed to each
21-23 limited-liability company required to comply with the provisions of
21-24 this section, which has not become delinquent, a notice of the fee
21-25 due under subsection 4 and a reminder to file a list required by
21-26 subsection 2 . [or a certification of no change.] Failure of any
21-27 company to receive a notice or form does not excuse it from the
21-28 penalty imposed by law.
21-29 [6.] 7. If the list to be filed pursuant to the provisions of
21-30 subsection 1 or 2 is defective or the fee required by subsection 4 is
21-31 not paid, the Secretary of State may return the list for correction or
21-32 payment.
21-33 [7.] 8. An annual list for a limited-liability company not in
21-34 default received by the Secretary of State more than 60 days before
21-35 its due date shall be deemed an amended list for the previous year.
21-36 Sec. 28. NRS 86.272 is hereby amended to read as follows:
21-37 86.272 1. Each limited-liability company required to make a
21-38 filing and pay the fee prescribed in NRS 86.263 which refuses or
21-39 neglects to do so within the time provided is in default.
21-40 2. For default there must be added to the amount of the fee a
21-41 penalty of [$50.] $75. The fee and penalty must be collected as
21-42 provided in this chapter.
21-43 Sec. 29. NRS 86.276 is hereby amended to read as follows:
21-44 86.276 1. Except as otherwise provided in subsections 3 and
21-45 4, the Secretary of State shall reinstate any limited-liability company
22-1 which has forfeited its right to transact business pursuant to the
22-2 provisions of this chapter and restore to the company its right to
22-3 carry on business in this state, and to exercise its privileges and
22-4 immunities, if it:
22-5 (a) Files with the Secretary of State [the] :
22-6 (1) The list required by NRS 86.263; and
22-7 (2) A certificate of acceptance of appointment signed by its
22-8 resident agent; and
22-9 (b) Pays to the Secretary of State:
22-10 (1) The filing fee and penalty set forth in NRS 86.263 and
22-11 86.272 for each year or portion thereof during which it failed to file
22-12 in a timely manner each required annual list; and
22-13 (2) A fee of [$200] $300 for reinstatement.
22-14 2. When the Secretary of State reinstates the limited-liability
22-15 company, he shall:
22-16 (a) Immediately issue and deliver to the company a certificate of
22-17 reinstatement authorizing it to transact business as if the filing fee
22-18 had been paid when due; and
22-19 (b) Upon demand, issue to the company one or more certified
22-20 copies of the certificate of reinstatement.
22-21 3. The Secretary of State shall not order a reinstatement unless
22-22 all delinquent fees and penalties have been paid, and the revocation
22-23 of the charter occurred only by reason of failure to pay the fees and
22-24 penalties.
22-25 4. If a company’s charter has been revoked pursuant to the
22-26 provisions of this chapter and has remained revoked for a period of
22-27 5 consecutive years, the charter must not be reinstated.
22-28 Sec. 30. NRS 86.401 is hereby amended to read as follows:
22-29 86.401 1. On application to a court of competent jurisdiction
22-30 by a judgment creditor of a member, the court may charge the
22-31 member’s interest with payment of the unsatisfied amount of the
22-32 judgment with interest. To the extent so charged, the judgment
22-33 creditor has only the rights of an assignee of the member’s interest.
22-34 2. [The court may appoint a receiver of the share of the
22-35 distributions due or to become due to the judgment debtor in respect
22-36 of the limited-liability company. The receiver has only the rights of
22-37 an assignee. The court may make all other orders, directions,
22-38 accounts and inquiries that the judgment debtor might have made or
22-39 which the circumstances of the case may require.
22-40 3. A charging order constitutes a lien on the member’s interest
22-41 of the judgment debtor. The court may order a foreclosure of the
22-42 member’s interest subject to the charging order at any time. The
22-43 purchaser at the foreclosure sale has only the rights of an assignee.
23-1 4. Unless otherwise provided in the articles of organization or
23-2 operating agreement, at any time before foreclosure, a member’s
23-3 interest charged may be redeemed:
23-4 (a) By the judgment debtor;
23-5 (b) With property other than property of the limited-liability
23-6 company, by one or more of the other members; or
23-7 (c) By the limited-liability company with the consent of all of
23-8 the members whose interests are not so charged.
23-9 5.]This section [provides] :
23-10 (a) Provides the exclusive remedy by which a judgment creditor
23-11 of a member or an assignee of a member may satisfy a judgment out
23-12 of the member’s interest of the judgment debtor.
23-13 [6. No creditor of a member has any right to obtain possession
23-14 of, or otherwise exercise legal or equitable remedies with respect to,
23-15 the property of the limited-liability company.
23-16 7. This section does]
23-17 (b) Does not deprive any member of the benefit of any
23-18 exemption applicable to his interest.
23-19 Sec. 31. NRS 86.561 is hereby amended to read as follows:
23-20 86.561 1. The Secretary of State shall charge and collect for:
23-21 (a) Filing the original articles of organization, or for registration
23-22 of a foreign company, [$175;] $75;
23-23 (b) Amending or restating the articles of organization, amending
23-24 the registration of a foreign company or filing a certificate of
23-25 correction, [$150;] $175;
23-26 (c) Filing the articles of dissolution of a domestic or foreign
23-27 company, [$60;] $75;
23-28 (d) Filing a statement of change of address of a records or
23-29 registered office, or change of the resident agent, [$30;] $60;
23-30 (e) Certifying articles of organization or an amendment to the
23-31 articles, in both cases where a copy is provided, [$20;] $30;
23-32 (f) Certifying an authorized printed copy of this chapter,
23-33 [$20;] $30;
23-34 (g) Reserving a name for a limited-liability company,
23-35 [$20;] $25;
23-36 (h) Filing a certificate of cancellation, [$60;] $75;
23-37 (i) Executing, filing or certifying any other document, [$40;]
23-38 $50; and
23-39 (j) Copies made at the Office of the Secretary of State, [$1] $2
23-40 per page.
23-41 2. The Secretary of State shall charge and collect at the time of
23-42 any service of process on him as agent for service of process of a
23-43 limited-liability company, [$10] $100 which may be recovered as
23-44 taxable costs by the party to the action causing the service to be
23-45 made if the party prevails in the action.
24-1 3. Except as otherwise provided in this section, the fees set
24-2 forth in NRS 78.785 apply to this chapter.
24-3 Sec. 32. NRS 86.568 is hereby amended to read as follows:
24-4 86.568 1. A limited-liability company may correct a
24-5 document filed by the Secretary of State with respect to the limited-
24-6 liability company if the document contains an inaccurate record of a
24-7 company action described in the document or was defectively
24-8 executed, attested, sealed, verified or acknowledged.
24-9 2. To correct a document, the limited-liability company must:
24-10 (a) Prepare a certificate of correction that:
24-11 (1) States the name of the limited-liability company;
24-12 (2) Describes the document, including, without limitation, its
24-13 filing date;
24-14 (3) Specifies the inaccuracy or defect;
24-15 (4) Sets forth the inaccurate or defective portion of the
24-16 document in an accurate or corrected form; and
24-17 (5) Is signed by a manager of the company, or if
24-18 management is not vested in a manager, by a member of the
24-19 company.
24-20 (b) Deliver the certificate to the Secretary of State for filing.
24-21 (c) Pay a filing fee of [$150] $175 to the Secretary of State.
24-22 3. A certificate of correction is effective on the effective date
24-23 of the document it corrects except as to persons relying on the
24-24 uncorrected document and adversely affected by the correction. As
24-25 to those persons, the certificate is effective when filed.
24-26 Sec. 33. NRS 86.580 is hereby amended to read as follows:
24-27 86.580 1. A limited-liability company which did exist or is
24-28 existing pursuant to the laws of this state may, upon complying with
24-29 the provisions of NRS 86.276, procure a renewal or revival of its
24-30 charter for any period, together with all the rights, franchises,
24-31 privileges and immunities, and subject to all its existing and
24-32 preexisting debts, duties and liabilities secured or imposed by its
24-33 original charter and amendments thereto, or existing charter, by
24-34 filing:
24-35 (a) A certificate with the Secretary of State, which must set
24-36 forth:
24-37 (1) The name of the limited-liability company, which must
24-38 be the name of the limited-liability company at the time of the
24-39 renewal or revival, or its name at the time its original charter
24-40 expired.
24-41 (2) The name of the person lawfully designated as the
24-42 resident agent of the limited-liability company, his street address for
24-43 the service of process, and his mailing address if different from his
24-44 street address.
25-1 (3) The date when the renewal or revival of the charter is to
25-2 commence or be effective, which may be, in cases of a revival,
25-3 before the date of the certificate.
25-4 (4) Whether or not the renewal or revival is to be perpetual,
25-5 and, if not perpetual, the time for which the renewal or revival is to
25-6 continue.
25-7 (5) That the limited-liability company desiring to renew or
25-8 revive its charter is, or has been, organized and carrying on the
25-9 business authorized by its existing or original charter and
25-10 amendments thereto, and desires to renew or continue through
25-11 revival its existence pursuant to and subject to the provisions of this
25-12 chapter.
25-13 (b) A list of its managers, or if there are no managers, all its
25-14 managing members and their post office box or street addresses,
25-15 either residence or business.
25-16 2. A limited-liability company whose charter has not expired
25-17 and is being renewed shall cause the certificate to be signed by its
25-18 manager, or if there is no manager, by a person designated by its
25-19 members. The certificate must be approved by a majority in interest.
25-20 3. A limited-liability company seeking to revive its original or
25-21 amended charter shall cause the certificate to be signed by a person
25-22 or persons designated or appointed by the members. The execution
25-23 and filing of the certificate must be approved by the written consent
25-24 of a majority in interest and must contain a recital that this consent
25-25 was secured. The limited-liability company shall pay to the
25-26 Secretary of State the fee required to establish a new limited-
25-27 liability company pursuant to the provisions of this chapter.
25-28 4. The filed certificate, or a copy thereof which has been
25-29 certified under the hand and seal of the Secretary of State, must be
25-30 received in all courts and places as prima facie evidence of the facts
25-31 therein stated and of the existence of the limited-liability company
25-32 therein named.
25-33 Sec. 34. NRS 87.460 is hereby amended to read as follows:
25-34 87.460 1. A certificate of registration of a registered limited-
25-35 liability partnership may be amended by filing with the Secretary of
25-36 State a certificate of amendment. The certificate of amendment must
25-37 set forth:
25-38 (a) The name of the registered limited-liability partnership;
25-39 (b) The dates on which the registered limited-liability
25-40 partnership filed its original certificate of registration and any other
25-41 certificates of amendment; and
25-42 (c) The change to the information contained in the original
25-43 certificate of registration or any other certificates of amendment.
25-44 2. The certificate of amendment must be:
26-1 (a) Signed by a managing partner of the registered limited-
26-2 liability partnership; and
26-3 (b) Accompanied by a fee of [$150.] $175.
26-4 Sec. 35. NRS 87.470 is hereby amended to read as follows:
26-5 87.470 The registration of a registered limited-liability
26-6 partnership is effective until:
26-7 1. Its certificate of registration is revoked pursuant to
26-8 NRS 87.520; or
26-9 2. The registered limited-liability partnership files with the
26-10 Secretary of State a written notice of withdrawal executed by a
26-11 managing partner. The notice must be accompanied by a fee of
26-12 [$60.] $75.
26-13 Sec. 36. NRS 87.490 is hereby amended to read as follows:
26-14 87.490 1. If a registered limited-liability partnership wishes
26-15 to change the location of its principal office in this state or its
26-16 resident agent, it shall first file with the Secretary of State a
26-17 certificate of change of principal office or resident agent that sets
26-18 forth:
26-19 (a) The name of the registered limited-liability partnership;
26-20 (b) The street address of its principal office;
26-21 (c) If the location of its principal office will be changed, the
26-22 street address of its new principal office;
26-23 (d) The name of its resident agent; and
26-24 (e) If its resident agent will be changed, the name of its new
26-25 resident agent.
26-26 [The]
26-27 2. A certificate of acceptance [of its] signed by the new
26-28 resident agent must accompany the certificate of change [.
26-29 2.] of resident agent.
26-30 3. A certificate of change of principal office or resident agent
26-31 filed pursuant to this section must be:
26-32 (a) Signed by a managing partner of the registered limited-
26-33 liability partnership; and
26-34 (b) Accompanied by a fee of [$30.] $60.
26-35 4. If the name of a resident agent is changed as a result of a
26-36 merger, conversion, exchange, sale, reorganization or
26-37 amendment, the resident agent shall:
26-38 (a) File with the Secretary of State a certificate of name
26-39 change of resident agent that includes:
26-40 (1) The current name of the resident agent as filed with the
26-41 Secretary of State;
26-42 (2) The new name of the resident agent; and
26-43 (3) The name and file number of each artificial person
26-44 formed, organized, registered or qualified pursuant to the
26-45 provisions of this title that the resident agent represents; and
27-1 (b) Pay to the Secretary of State a filing fee of $100.
27-2 5. A change authorized by this section becomes effective upon
27-3 the filing of the proper certificate of change.
27-4 Sec. 36.5. NRS 87.500 is hereby amended to read as follows:
27-5 87.500 1. A resident agent [of a registered limited-liability
27-6 partnership] who wishes to resign shall [file] :
27-7 (a) File with the Secretary of State a signed statement in the
27-8 manner provided pursuant to subsection 1 of NRS 78.097 that he is
27-9 unwilling to continue to act as the resident agent of the registered
27-10 limited-liability partnership for the service of process [.] ; and
27-11 (b) Pay to the Secretary of State the filing fee set forth in
27-12 subsection 1 of NRS 78.097.
27-13 A resignation is not effective until the signed statement is filed with
27-14 the Secretary of State.
27-15 2. The statement of resignation may contain a statement by the
27-16 affected registered limited-liability partnership appointing a
27-17 successor resident agent. A certificate of acceptance signed by the
27-18 new agent, stating the full name, complete street address and, if
27-19 different from the street address, the mailing address of the new
27-20 agent, must accompany the statement appointing the new resident
27-21 agent.
27-22 3. Upon the filing of the statement with the Secretary of State,
27-23 the capacity of the person as resident agent terminates. If the
27-24 statement of resignation contains no statement by the registered
27-25 limited-liability partnership appointing a successor resident agent,
27-26 the resigning agent shall immediately give written notice, by
27-27 certified mail, to the registered limited-liability partnership of the
27-28 filing of the statement and its effect. The notice must be addressed
27-29 to a managing partner in this state.
27-30 4. If a resident agent dies, resigns or removes himself from the
27-31 State, the registered limited-liability partnership shall, within 30
27-32 days thereafter, file with the Secretary of State a certificate of
27-33 acceptance, executed by the new resident agent. The certificate must
27-34 set forth the full name, complete street address and, if different from
27-35 the street address, the mailing address of the newly designated
27-36 resident agent.
27-37 5. If a registered limited-liability partnership fails to file a
27-38 certificate of acceptance within the period required by [this
27-39 subsection,] subsection 4, it is in default and is subject to the
27-40 provisions of NRS 87.520.
27-41 Sec. 37. NRS 87.510 is hereby amended to read as follows:
27-42 87.510 1. A registered limited-liability partnership shall, on
27-43 or before the first day of the second month after the filing of its
27-44 certificate of registration with the Secretary of State, and annually
27-45 thereafter on or before the last day of the month in which the
28-1 anniversary date of the filing of its certificate of registration with the
28-2 Secretary of State occurs, file with the Secretary of State, on a form
28-3 furnished by him, a list that contains:
28-4 (a) The name of the registered limited-liability partnership;
28-5 (b) The file number of the registered limited-liability
28-6 partnership, if known;
28-7 (c) The names of all of its managing partners;
28-8 (d) The mailing or street address, either residence or business, of
28-9 each managing partner;
28-10 (e) The name and street address of the lawfully designated
28-11 resident agent of the registered limited-liability partnership; and
28-12 (f) The signature of a managing partner of the registered limited-
28-13 liability partnership certifying that the list is true, complete and
28-14 accurate.
28-15 Each list filed pursuant to this subsection must be accompanied by a
28-16 declaration under penalty of perjury that the registered limited-
28-17 liability partnership has complied with the provisions of chapter
28-18 364A of NRS.
28-19 2. Upon filing:
28-20 (a) The initial list required by subsection 1, the registered
28-21 limited-liability partnership shall pay to the Secretary of State a fee
28-22 of [$165.] $125.
28-23 (b) Each annual list required by subsection 1, the registered
28-24 limited-liability partnership shall pay to the Secretary of State a fee
28-25 of [$85.] $125.
28-26 3. If a managing partner of a registered limited-liability
28-27 partnership resigns and the resignation is not made in conjunction
28-28 with the filing of an annual or amended list of managing partners,
28-29 the registered limited-liability partnership shall pay to the
28-30 Secretary of State a fee of $75 to file the resignation of the
28-31 managing partner.
28-32 4. The Secretary of State shall, at least 60 days before the last
28-33 day for filing each annual list required by subsection 1, cause to be
28-34 mailed to the registered limited-liability partnership a notice of the
28-35 fee due pursuant to subsection 2 and a reminder to file the annual
28-36 list required by subsection 1. The failure of any registered limited-
28-37 liability partnership to receive a notice or form does not excuse it
28-38 from complying with the provisions of this section.
28-39 [4.] 5. If the list to be filed pursuant to the provisions of
28-40 subsection 1 is defective, or the fee required by subsection 2 is not
28-41 paid, the Secretary of State may return the list for correction or
28-42 payment.
28-43 [5.] 6. An annual list that is filed by a registered limited-
28-44 liability partnership which is not in default more than 60 days before
28-45 it is due shall be deemed an amended list for the previous year and
29-1 does not satisfy the requirements of subsection 1 for the year to
29-2 which the due date is applicable.
29-3 Sec. 38. NRS 87.520 is hereby amended to read as follows:
29-4 87.520 1. A registered limited-liability partnership that fails
29-5 to comply with the provisions of NRS 87.510 is in default.
29-6 2. Any registered limited-liability partnership that is in default
29-7 pursuant to subsection 1 must, in addition to the fee required to be
29-8 paid pursuant to NRS 87.510, pay a penalty of [$50.] $75.
29-9 3. On or before the 15th day of the third month after the month
29-10 in which the fee required to be paid pursuant to NRS 87.510 is due,
29-11 the Secretary of State shall notify, by certified mail, the resident
29-12 agent of any registered limited-liability partnership that is in default.
29-13 The notice must include the amount of any payment that is due from
29-14 the registered limited-liability partnership.
29-15 4. If a registered limited-liability partnership fails to pay the
29-16 amount that is due, the certificate of registration of the registered
29-17 limited-liability partnership shall be deemed revoked on the first day
29-18 of the ninth month after the month in which the fee required to be
29-19 paid pursuant to NRS 87.510 was due. The Secretary of State shall
29-20 notify a registered limited-liability partnership, by certified mail,
29-21 addressed to its resident agent or, if the registered limited-liability
29-22 partnership does not have a resident agent, to a managing partner,
29-23 that its certificate of registration is revoked and the amount of any
29-24 fees and penalties that are due.
29-25 Sec. 39. NRS 87.530 is hereby amended to read as follows:
29-26 87.530 1. Except as otherwise provided in subsection 3, the
29-27 Secretary of State shall reinstate the certificate of registration of a
29-28 registered limited-liability partnership that is revoked pursuant to
29-29 NRS 87.520 if the registered limited-liability partnership:
29-30 (a) Files with the Secretary of State [the] :
29-31 (1) The information required by NRS 87.510; and
29-32 (2) A certificate of acceptance of appointment signed by its
29-33 resident agent; and
29-34 (b) Pays to the Secretary of State:
29-35 (1) The fee required to be paid by [that section;]
29-36 NRS 87.510;
29-37 (2) Any penalty required to be paid pursuant to NRS 87.520;
29-38 and
29-39 (3) A reinstatement fee of [$200.] $300.
29-40 2. Upon reinstatement of a certificate of registration pursuant
29-41 to this section, the Secretary of State shall:
29-42 (a) Deliver to the registered limited-liability partnership a
29-43 certificate of reinstatement authorizing it to transact business
29-44 retroactively from the date the fee required by NRS 87.510 was due;
29-45 and
30-1 (b) Upon request, issue to the registered limited-liability
30-2 partnership one or more certified copies of the certificate of
30-3 reinstatement.
30-4 3. The Secretary of State shall not reinstate the certificate of
30-5 registration of a registered limited-liability partnership if the
30-6 certificate was revoked pursuant to NRS 87.520 at least 5 years
30-7 before the date of the proposed reinstatement.
30-8 Sec. 40. NRS 87.547 is hereby amended to read as follows:
30-9 87.547 1. A limited-liability partnership may correct a
30-10 document filed by the Secretary of State with respect to the limited-
30-11 liability partnership if the document contains an inaccurate record of
30-12 a partnership action described in the document or was defectively
30-13 executed, attested, sealed, verified or acknowledged.
30-14 2. To correct a document, the limited-liability partnership
30-15 must:
30-16 (a) Prepare a certificate of correction that:
30-17 (1) States the name of the limited-liability partnership;
30-18 (2) Describes the document, including, without limitation, its
30-19 filing date;
30-20 (3) Specifies the inaccuracy or defect;
30-21 (4) Sets forth the inaccurate or defective portion of the
30-22 document in an accurate or corrected form; and
30-23 (5) Is signed by a managing partner of the limited-liability
30-24 partnership.
30-25 (b) Deliver the certificate to the Secretary of State for filing.
30-26 (c) Pay a filing fee of [$150] $175 to the Secretary of State.
30-27 3. A certificate of correction is effective on the effective date
30-28 of the document it corrects except as to persons relying on the
30-29 uncorrected document and adversely affected by the correction. As
30-30 to those persons, the certificate is effective when filed.
30-31 Sec. 41. NRS 87.550 is hereby amended to read as follows:
30-32 87.550 In addition to any other fees required by NRS 87.440 to
30-33 87.540, inclusive, and 87.560, the Secretary of State shall charge
30-34 and collect the following fees for services rendered pursuant to
30-35 those sections:
30-36 1. For certifying documents required by NRS 87.440 to 87.540,
30-37 inclusive, and 87.560, [$20] $30 per certification.
30-38 2. For executing a certificate verifying the existence of a
30-39 registered limited-liability partnership, if the registered limited-
30-40 liability partnership has not filed a certificate of amendment,
30-41 [$40.] $50.
30-42 3. For executing a certificate verifying the existence of a
30-43 registered limited-liability partnership, if the registered limited-
30-44 liability partnership has filed a certificate of amendment, [$40.] $50.
31-1 4. For executing, certifying or filing any certificate or
31-2 document not required by NRS 87.440 to 87.540, inclusive, and
31-3 87.560, [$40.] $50.
31-4 5. For any copies made by the Office of the Secretary of State,
31-5 [$1] $2 per page.
31-6 6. For examining and provisionally approving any document
31-7 before the document is presented for filing, [$100.] $125.
31-8 Sec. 42. Chapter 88 of NRS is hereby amended by adding
31-9 thereto the provisions set forth as sections 43 to 50, inclusive, of this
31-10 act.
31-11 Sec. 43. 1. To become a registered limited-liability limited
31-12 partnership, a limited partnership shall file with the Secretary of
31-13 State a certificate of registration stating each of the following:
31-14 (a) The name of the limited partnership.
31-15 (b) The street address of its principal office.
31-16 (c) The name of the person designated as the resident agent of
31-17 the limited partnership, the street address of the resident agent
31-18 where process may be served upon the partnership and the mailing
31-19 address of the resident agent if it is different from his street
31-20 address.
31-21 (d) The name and business address of each organizer
31-22 executing the certificate.
31-23 (e) The name and business address of each initial general
31-24 partner.
31-25 (f) That the limited partnership thereafter will be a registered
31-26 limited-liability limited partnership.
31-27 (g) Any other information that the limited partnership wishes
31-28 to include.
31-29 2. The certificate of registration must be executed by the vote
31-30 necessary to amend the partnership agreement or, in the case of a
31-31 partnership agreement that expressly considers contribution
31-32 obligations, the vote necessary to amend those provisions.
31-33 3. The Secretary of State shall register as a registered limited-
31-34 liability limited partnership any limited partnership that submits a
31-35 completed certificate of registration with the required fee.
31-36 4. The registration of a registered limited-liability limited
31-37 partnership is effective at the time of the filing of the certificate of
31-38 registration.
31-39 Sec. 44. 1. The name proposed for a registered limited-
31-40 liability limited partnership must contain the words “Limited-
31-41 Liability Limited Partnership” or “Registered Limited-Liability
31-42 Limited Partnership” or the abbreviation “L.L.L.P.” or “LLLP”
31-43 as the last words or letters of the name and must be
31-44 distinguishable on the records of the Secretary of State from the
31-45 names of all other artificial persons formed, organized, registered
32-1 or qualified pursuant to the provisions of this title that are on file
32-2 in the Office of the Secretary of State and all names that are
32-3 reserved in the Office of the Secretary of State pursuant to the
32-4 provisions of this title. If the name of the registered limited-
32-5 liability limited partnership on a certificate of registration of
32-6 limited-liability limited partnership submitted to the Secretary of
32-7 State is not distinguishable from any name on file or reserved
32-8 name, the Secretary of State shall return the certificate to the
32-9 person who signed it, unless the written, acknowledged consent to
32-10 the same name of the holder of the name on file or reserved name
32-11 to use the name accompanies the certificate.
32-12 2. For the purposes of this section, a proposed name is not
32-13 distinguishable from a name on file or reserved name solely
32-14 because one or the other contains distinctive lettering, a distinctive
32-15 mark, a trademark or a trade name, or any combination of these.
32-16 3. The name of a registered limited-liability limited
32-17 partnership whose right to transact business has been forfeited,
32-18 which has merged and is not the surviving entity or whose
32-19 existence has otherwise terminated is available for use by any
32-20 other artificial person.
32-21 4. The Secretary of State may adopt regulations that interpret
32-22 the requirements of this section.
32-23 Sec. 45. The registration of a registered limited-liability
32-24 limited partnership is effective until:
32-25 1. Its certificate of registration is revoked pursuant to NRS
32-26 88.405; or
32-27 2. The registered limited-liability limited partnership files
32-28 with the Secretary of State a written notice of withdrawal executed
32-29 by a general partner. The notice must be accompanied by a fee
32-30 of $60.
32-31 Sec. 46. The status of a limited partnership as a registered
32-32 limited-liability limited partnership, and the liability of its
32-33 partners, are not affected by errors in the information contained
32-34 in a certificate of registration or an annual list required to be filed
32-35 with the Secretary of State, or by changes after the filing of such a
32-36 certificate or list in the information contained in the certificate or
32-37 list.
32-38 Sec. 47. 1. Notwithstanding any provision in a partnership
32-39 agreement that may have existed before a limited partnership
32-40 became a registered limited-liability limited partnership pursuant
32-41 to section 43 of this act, if a registered limited-liability limited
32-42 partnership incurs a debt or liability:
32-43 (a) The debt or liability is solely the responsibility of the
32-44 registered limited-liability limited partnership; and
33-1 (b) A partner of a registered limited-liability limited
33-2 partnership is not individually liable for the debt or liability by way
33-3 of acting as a partner.
33-4 2. For purposes of this section, the failure of a registered
33-5 limited-liability limited partnership to observe the formalities or
33-6 requirements relating to the management of the registered limited-
33-7 liability limited partnership, in and of itself, is not sufficient to
33-8 establish grounds for imposing personal liability on a partner for a
33-9 debt or liability of the registered limited-liability limited
33-10 partnership.
33-11 Sec. 48. 1. Except as otherwise provided by specific statute,
33-12 no partner of a registered limited-liability limited partnership is
33-13 individually liable for a debt or liability of the registered limited-
33-14 liability limited partnership, unless the partner acts as the alter
33-15 ego of the registered limited-liability limited partnership.
33-16 2. A partner acts as the alter ego of a registered limited-
33-17 liability limited partnership if:
33-18 (a) The registered limited-liability limited partnership is
33-19 influenced and governed by the partner;
33-20 (b) There is such unity of interest and ownership that the
33-21 registered limited-liability limited partnership and the partner are
33-22 inseparable from each other; and
33-23 (c) Adherence to the fiction of a separate entity would sanction
33-24 fraud or promote a manifest injustice.
33-25 3. The question of whether a partner acts as the alter ego of a
33-26 registered limited-liability limited partnership must be determined
33-27 by the court as a matter of law.
33-28 Sec. 49. To the extent permitted by the law of that
33-29 jurisdiction:
33-30 1. A limited partnership, including a registered limited-
33-31 liability limited partnership, formed and existing under this
33-32 chapter, may conduct its business, carry on its operations, and
33-33 exercise the powers granted by this chapter in any state, territory,
33-34 district or possession of the United States or in any foreign
33-35 country.
33-36 2. The internal affairs of a limited partnership, including a
33-37 registered limited-liability limited partnership, formed and existing
33-38 under this chapter, including the liability of partners for debts,
33-39 obligations and liabilities of or chargeable to the partnership, are
33-40 governed by the laws of this state.
33-41 Sec. 50. The name of a foreign registered limited-liability
33-42 limited partnership that is doing business in this state must
33-43 contain the words “Limited-Liability Limited Partnership” or
33-44 “Registered Limited-Liability Limited Partnership” or the
33-45 abbreviations “L.L.L.P.” or “LLLP,” or such other words or
34-1 abbreviations as may be required or authorized by the laws of the
34-2 other jurisdiction, as the last words or letters of the name.
34-3 Sec. 51. NRS 88.315 is hereby amended to read as follows:
34-4 88.315 As used in this chapter, unless the context otherwise
34-5 requires:
34-6 1. “Certificate of limited partnership” means the certificate
34-7 referred to in NRS 88.350, and the certificate as amended or
34-8 restated.
34-9 2. “Contribution” means any cash, property, services rendered,
34-10 or a promissory note or other binding obligation to contribute cash
34-11 or property or to perform services, which a partner contributes to a
34-12 limited partnership in his capacity as a partner.
34-13 3. “Event of withdrawal of a general partner” means an event
34-14 that causes a person to cease to be a general partner as provided in
34-15 NRS 88.450.
34-16 4. “Foreign limited partnership” means a partnership formed
34-17 under the laws of any state other than this state and having as
34-18 partners one or more general partners and one or more limited
34-19 partners.
34-20 5. “Foreign registered limited-liability limited partnership”
34-21 means a foreign limited-liability limited partnership:
34-22 (a) Formed pursuant to an agreement governed by the laws of
34-23 another state; and
34-24 (b) Registered pursuant to and complying with NRS 88.570 to
34-25 88.605, inclusive, and section 50 of this act.
34-26 6. “General partner” means a person who has been admitted to
34-27 a limited partnership as a general partner in accordance with the
34-28 partnership agreement and named in the certificate of limited
34-29 partnership as a general partner.
34-30 [6.] 7. “Limited partner” means a person who has been
34-31 admitted to a limited partnership as a limited partner in accordance
34-32 with the partnership agreement.
34-33 [7.] 8. “Limited partnership” and “domestic limited
34-34 partnership” mean a partnership formed by two or more persons
34-35 under the laws of this state and having one or more general partners
34-36 and one or more limited partners.
34-37 [8.] 9. “Partner” means a limited or general partner.
34-38 [9.] 10. “Partnership agreement” means any valid agreement,
34-39 written or oral, of the partners as to the affairs of a limited
34-40 partnership and the conduct of its business.
34-41 [10.] 11. “Partnership interest” means a partner’s share of the
34-42 profits and losses of a limited partnership and the right to receive
34-43 distributions of partnership assets.
34-44 [11.] 12. “Registered limited-liability limited partnership”
34-45 means a limited partnership:
35-1 (a) Formed pursuant to an agreement governed by this
35-2 chapter; and
35-3 (b) Registered pursuant to and complying with NRS 88.350 to
35-4 88.415, inclusive, and sections 43, 44 and 45 of this act.
35-5 13. “Registered office” means the office maintained at the
35-6 street address of the resident agent.
35-7 [12.] 14. “Resident agent” means the agent appointed by the
35-8 limited partnership upon whom process or a notice or demand
35-9 authorized by law to be served upon the limited partnership may be
35-10 served.
35-11 [13.] 15. “Sign” means to affix a signature to a document.
35-12 [14.] 16. “Signature” means a name, word or mark executed or
35-13 adopted by a person with the present intention to authenticate a
35-14 document. The term includes, without limitation, an electronic
35-15 signature as defined in NRS 719.100.
35-16 [15.] 17. “State” means a state, territory or possession of the
35-17 United States, the District of Columbia or the Commonwealth of
35-18 Puerto Rico.
35-19 [16.] 18. “Street address” of a resident agent means the actual
35-20 physical location in this state at which a resident is available for
35-21 service of process.
35-22 Sec. 52. NRS 88.320 is hereby amended to read as follows:
35-23 88.320 1. [The] Except as otherwise provided in section 44
35-24 of this act, the name proposed for a limited partnership as set forth
35-25 in its certificate of limited partnership:
35-26 (a) Must contain the words “limited partnership,” or the
35-27 abbreviation “LP” or “L.P.” ;
35-28 (b) May not contain the name of a limited partner unless:
35-29 (1) It is also the name of a general partner or the corporate
35-30 name of a corporate general partner; or
35-31 (2) The business of the limited partnership had been carried
35-32 on under that name before the admission of that limited partner; and
35-33 (c) Must be distinguishable on the records of the Secretary of
35-34 State from the names of all other artificial persons formed,
35-35 organized, registered or qualified pursuant to the provisions of this
35-36 title that are on file in the Office of the Secretary of State and all
35-37 names that are reserved in the Office of the Secretary of State
35-38 pursuant to the provisions of this title. If the name on the certificate
35-39 of limited partnership submitted to the Secretary of State is not
35-40 distinguishable from any name on file or reserved name, the
35-41 Secretary of State shall return the certificate to the filer, unless
35-42 the written, acknowledged consent to the use of the same or the
35-43 requested similar name of the holder of the name on file or reserved
35-44 name accompanies the certificate of limited partnership.
36-1 2. For the purposes of this section, a proposed name is not
36-2 distinguished from a name on file or reserved name solely because
36-3 one or the other contains distinctive lettering, a distinctive mark, a
36-4 trademark or a trade name, or any combination of these.
36-5 3. The name of a limited partnership whose right to transact
36-6 business has been forfeited, which has merged and is not the
36-7 surviving entity or whose existence has otherwise terminated is
36-8 available for use by any other artificial person.
36-9 4. The Secretary of State may adopt regulations that interpret
36-10 the requirements of this section.
36-11 Sec. 53. NRS 88.331 is hereby amended to read as follows:
36-12 88.331 1. If a limited partnership created pursuant to this
36-13 chapter desires to change its resident agent, the change may be
36-14 effected by filing with the Secretary of State a certificate of change
36-15 [,] of resident agent, signed by a general partner, which sets forth:
36-16 (a) The name of the limited partnership;
36-17 (b) The name and street address of its present resident agent; and
36-18 (c) The name and street address of the new resident agent.
36-19 2. The new resident agent’s certificate of acceptance must be a
36-20 part of or attached to the certificate of change [.
36-21 3. The] of resident agent.
36-22 3. If the name of a resident agent is changed as a result of a
36-23 merger, conversion, exchange, sale, reorganization or
36-24 amendment, the resident agent shall:
36-25 (a) File with the Secretary of State a certificate of name
36-26 change of resident agent that includes:
36-27 (1) The current name of the resident agent as filed with the
36-28 Secretary of State;
36-29 (2) The new name of the resident agent; and
36-30 (3) The name and file number of each artificial person
36-31 formed, organized, registered or qualified pursuant to the
36-32 provisions of this title that the resident agent represents; and
36-33 (b) Pay to the Secretary of State a filing fee of $100.
36-34 4. A change authorized by this section becomes effective upon
36-35 the filing of the proper certificate of change.
36-36 Sec. 53.5. NRS 88.332 is hereby amended to read as follows:
36-37 88.332 1. [Any person who has been designated by a limited
36-38 partnership as its] A resident agent [and who thereafter] who desires
36-39 to resign shall [file] :
36-40 (a) File with the Secretary of State a signed statement in the
36-41 manner provided pursuant to subsection 1 of NRS 78.097 that he is
36-42 unwilling to continue to act as the resident agent of the limited
36-43 partnership [.] for the service of process; and
36-44 (b) Pay to the Secretary of State the filing fee set forth in
36-45 subsection 1 of NRS 78.097.
37-1 A resignation is not effective until the signed statement is filed with
37-2 the Secretary of State.
37-3 2. The statement of resignation may contain a statement by the
37-4 affected limited partnership appointing a successor resident agent
37-5 for the limited partnership. A certificate of acceptance executed by
37-6 the new agent, stating the full name, complete street address and, if
37-7 different from the street address, mailing address of the new agent,
37-8 must accompany the statement appointing the new agent.
37-9 [2.] 3. Upon the filing of the statement with the Secretary of
37-10 State , the capacity of the person as resident agent terminates. If the
37-11 statement of resignation does not contain a statement by the limited
37-12 partnership appointing a successor resident agent, the resigning
37-13 agent shall immediately give written notice, by mail, to the limited
37-14 partnership of the filing of the statement and the effect thereof. The
37-15 notice must be addressed to a general partner of the partnership
37-16 other than the resident agent.
37-17 [3.] 4. If a designated resident agent dies, resigns or removes
37-18 from the State, the limited partnership, within 30 days thereafter,
37-19 shall file with the Secretary of State a certificate of acceptance,
37-20 executed by the new resident agent. The certificate must set forth
37-21 the full name, complete street address and, if different from the
37-22 street address, mailing address of the newly designated resident
37-23 agent.
37-24 [4.] 5. Each limited partnership which fails to file a certificate
37-25 of acceptance executed by the new resident agent within 30 days
37-26 after the death, resignation or removal of its resident agent as
37-27 provided in subsection [3] 4 shall be deemed in default and is
37-28 subject to the provisions of NRS 88.400 and 88.405.
37-29 Sec. 54. NRS 88.335 is hereby amended to read as follows:
37-30 88.335 1. A limited partnership shall keep at the office
37-31 referred to in paragraph (a) of subsection 1 of NRS 88.330 the
37-32 following:
37-33 (a) A current list of the full name and last known business
37-34 address of each partner , separately identifying the general partners
37-35 in alphabetical order and the limited partners in alphabetical order;
37-36 (b) A copy of the certificate of limited partnership and all
37-37 certificates of amendment thereto, together with executed copies of
37-38 any powers of attorney pursuant to which any certificate has been
37-39 executed;
37-40 (c) Copies of the limited partnership’s federal, state, and local
37-41 income tax returns and reports, if any, for the 3 most recent years;
37-42 (d) Copies of any then effective written partnership agreements
37-43 [and] ;
37-44 (e) Copies of any financial statements of the limited partnership
37-45 for the 3 most recent years; and
38-1 [(e)] (f) Unless contained in a written partnership agreement, a
38-2 writing setting out:
38-3 (1) The amount of cash and a description and statement of
38-4 the agreed value of the other property or services contributed by
38-5 each partner and which each partner has agreed to contribute;
38-6 (2) The times at which or events on the happening of which
38-7 any additional contributions agreed to be made by each partner are
38-8 to be made;
38-9 (3) Any right of a partner to receive, or of a general partner
38-10 to make, distributions to a partner which include a return of all or
38-11 any part of the partner’s contribution; and
38-12 (4) Any events upon the happening of which the limited
38-13 partnership is to be dissolved and its affairs wound up.
38-14 2. In lieu of keeping at an office in this state the information
38-15 required in paragraphs (a), (c), (e) and (f) of subsection 1, the
38-16 limited partnership may keep a statement with the resident agent
38-17 setting out the name of the custodian of the information required
38-18 in paragraphs (a), (c), (e) and (f) of subsection 1, and the present
38-19 and complete post office address, including street and number, if
38-20 any, where the information required in paragraphs (a), (c), (e) and
38-21 (f) of subsection 1 is kept.
38-22 3. Records kept pursuant to this section are subject to
38-23 inspection and copying at the reasonable request, and at the expense,
38-24 of any partner during ordinary business hours.
38-25 Sec. 55. NRS 88.339 is hereby amended to read as follows:
38-26 88.339 1. A limited partnership may correct a document filed
38-27 by the Secretary of State with respect to the limited partnership if
38-28 the document contains an inaccurate record of a partnership action
38-29 described in the document or was defectively executed, attested,
38-30 sealed, verified or acknowledged.
38-31 2. To correct a document, the limited partnership must:
38-32 (a) Prepare a certificate of correction that:
38-33 (1) States the name of the limited partnership;
38-34 (2) Describes the document, including, without limitation, its
38-35 filing date;
38-36 (3) Specifies the inaccuracy or defect;
38-37 (4) Sets forth the inaccurate or defective portion of the
38-38 document in an accurate or corrected form; and
38-39 (5) Is signed by a general partner of the limited partnership.
38-40 (b) Deliver the certificate to the Secretary of State for filing.
38-41 (c) Pay a filing fee of [$150] $175 to the Secretary of State.
38-42 3. A certificate of correction is effective on the effective date
38-43 of the document it corrects except as to persons relying on the
38-44 uncorrected document and adversely affected by the correction. As
38-45 to those persons, the certificate is effective when filed.
39-1 Sec. 56. NRS 88.350 is hereby amended to read as follows:
39-2 88.350 1. In order to form a limited partnership, a certificate
39-3 of limited partnership must be executed and filed in the Office of the
39-4 Secretary of State. The certificate must set forth:
39-5 (a) The name of the limited partnership;
39-6 (b) The address of the office which contains records and the
39-7 name and address of the resident agent required to be maintained by
39-8 NRS 88.330;
39-9 (c) The name and [the] business address of each [general
39-10 partner;] organizer executing the certificate;
39-11 (d) The name and business address of each initial general
39-12 partner;
39-13 (e) The latest date upon which the limited partnership is to
39-14 dissolve; and
39-15 [(e)] (f) Any other matters the [general partners] organizers
39-16 determine to include therein.
39-17 2. A certificate of acceptance of appointment of a resident
39-18 agent, executed by the agent, must be filed with the certificate of
39-19 limited partnership.
39-20 3. A limited partnership is formed at the time of the filing of
39-21 the certificate of limited partnership and the certificate of acceptance
39-22 in the Office of the Secretary of State or at any later time specified
39-23 in the certificate of limited partnership if, in either case, there has
39-24 been substantial compliance with the requirements of this section.
39-25 Sec. 57. NRS 88.395 is hereby amended to read as follows:
39-26 88.395 1. A limited partnership shall, on or before the first
39-27 day of the second month after the filing of its certificate of limited
39-28 partnership with the Secretary of State, and annually thereafter on or
39-29 before the last day of the month in which the anniversary date of the
39-30 filing of its certificate of limited partnership occurs, file with the
39-31 Secretary of State, on a form furnished by him, a list that contains:
39-32 (a) The name of the limited partnership;
39-33 (b) The file number of the limited partnership, if known;
39-34 (c) The names of all of its general partners;
39-35 (d) The mailing or street address, either residence or business, of
39-36 each general partner;
39-37 (e) The name and street address of the lawfully designated
39-38 resident agent of the limited partnership; and
39-39 (f) The signature of a general partner of the limited partnership
39-40 certifying that the list is true, complete and accurate.
39-41 Each list filed pursuant to this subsection must be accompanied by a
39-42 declaration under penalty of perjury that the limited partnership has
39-43 complied with the provisions of chapter 364A of NRS.
39-44 2. [Upon] Except as otherwise provided in subsection 3, a
39-45 limited partnership shall, upon filing:
40-1 (a) The initial list required by subsection 1, [the limited
40-2 partnership shall] pay to the Secretary of State a fee of [$165.] $125.
40-3 (b) Each annual list required by subsection 1, [the limited
40-4 partnership shall] pay to the Secretary of State a fee of [$85.] $125.
40-5 3. A registered limited-liability limited partnership shall,
40-6 upon filing:
40-7 (a) The initial list required by subsection 1, pay to the
40-8 Secretary of State a fee of $125.
40-9 (b) Each annual list required by subsection 1, pay to the
40-10 Secretary of State a fee of $175.
40-11 4. If a general partner of a limited partnership resigns and
40-12 the resignation is not made in conjunction with the filing of an
40-13 annual or amended list of general partners, the limited
40-14 partnership shall pay to the Secretary of State a fee of $75 to file
40-15 the resignation of the general partner.
40-16 5. The Secretary of State shall, 60 days before the last day for
40-17 filing each annual list required by subsection 1, cause to be mailed
40-18 to each limited partnership required to comply with the provisions
40-19 of this section which has not become delinquent a notice of the fee
40-20 due pursuant to the provisions of subsection 2 or 3, as appropriate,
40-21 and a reminder to file the annual list. Failure of any limited
40-22 partnership to receive a notice or form does not excuse it from the
40-23 penalty imposed by NRS 88.400.
40-24 [4.] 6. If the list to be filed pursuant to the provisions of
40-25 subsection 1 is defective or the fee required by subsection 2 or 3 is
40-26 not paid, the Secretary of State may return the list for correction or
40-27 payment.
40-28 [5.] 7. An annual list for a limited partnership not in default
40-29 that is received by the Secretary of State more than 60 days before
40-30 its due date shall be deemed an amended list for the previous year
40-31 and does not satisfy the requirements of subsection 1 for the year to
40-32 which the due date is applicable.
40-33 [6.] 8. A filing made pursuant to this section does not satisfy
40-34 the provisions of NRS 88.355 and may not be substituted for filings
40-35 submitted pursuant to NRS 88.355.
40-36 Sec. 58. NRS 88.400 is hereby amended to read as follows:
40-37 88.400 1. If a limited partnership has filed the list in
40-38 compliance with NRS 88.395 and has paid the appropriate fee for
40-39 the filing, the cancelled check received by the limited partnership
40-40 constitutes a certificate authorizing it to transact its business within
40-41 this state until the anniversary date of the filing of its certificate of
40-42 limited partnership in the next succeeding calendar year. If the
40-43 limited partnership desires a formal certificate upon its payment of
40-44 the annual fee, its payment must be accompanied by a self-
40-45 addressed, stamped envelope.
41-1 2. Each limited partnership which refuses or neglects to file the
41-2 list and pay the fee within the time provided is in default.
41-3 3. For default there must be added to the amount of the fee a
41-4 penalty of [$50,] $75, and unless the filings are made and the fee
41-5 and penalty are paid on or before the first day of the first
41-6 anniversary of the month following the month in which filing was
41-7 required, the defaulting limited partnership, by reason of its default,
41-8 forfeits its right to transact any business within this state.
41-9 Sec. 59. NRS 88.410 is hereby amended to read as follows:
41-10 88.410 1. Except as otherwise provided in subsections 3 and
41-11 4, the Secretary of State [may:
41-12 (a) Reinstate] shall reinstate any limited partnership which has
41-13 forfeited its right to transact business[; and
41-14 (b) Restore] under the provisions of this chapter and restore to
41-15 the limited partnership its right to carry on business in this state, and
41-16 to exercise its privileges and immunities[,
41-17 upon the filing] if it:
41-18 (a) Files with the Secretary of State [of the] :
41-19 (1) The list required pursuant to NRS 88.395[, and upon
41-20 payment] ; and
41-21 (2) A certificate of acceptance of appointment signed by the
41-22 resident agent; and
41-23 (b) Pays to the Secretary of State [of the] :
41-24 (1) The filing fee and penalty set forth in NRS 88.395 and
41-25 88.400 for each year or portion thereof during which the certificate
41-26 has been revoked[, and a] ; and
41-27 (2) A fee of [$200] $300 for reinstatement.
41-28 2. When payment is made and the Secretary of State reinstates
41-29 the limited partnership to its former rights, he shall:
41-30 (a) Immediately issue and deliver to the limited partnership a
41-31 certificate of reinstatement authorizing it to transact business as if
41-32 the filing fee had been paid when due; and
41-33 (b) Upon demand, issue to the limited partnership one or more
41-34 certified copies of the certificate of reinstatement.
41-35 3. The Secretary of State shall not order a reinstatement unless
41-36 all delinquent fees and penalties have been paid, and the revocation
41-37 occurred only by reason of failure to pay the fees and penalties.
41-38 4. If a limited partnership’s certificate has been revoked
41-39 pursuant to the provisions of this chapter and has remained revoked
41-40 for a period of 5 years, the certificate must not be reinstated.
41-41 Sec. 60. NRS 88.415 is hereby amended to read as follows:
41-42 88.415 The Secretary of State, for services relating to his
41-43 official duties and the records of his office, shall charge and collect
41-44 the following fees:
42-1 1. For filing a certificate of limited partnership, or for
42-2 registering a foreign limited partnership, [$175.] $75.
42-3 2. For filing a certificate of registration of limited-liability
42-4 limited partnership, or for registering a foreign registered limited-
42-5 liability limited partnership, $100.
42-6 3. For filing a certificate of amendment of limited partnership
42-7 or restated certificate of limited partnership, [$150.
42-8 3.] $175.
42-9 4. For filing a certificate of a change of location of the records
42-10 office of a limited partnership or the office of its resident agent, or a
42-11 designation of a new resident agent, [$30.
42-12 4.] $60.
42-13 5. For certifying a certificate of limited partnership, an
42-14 amendment to the certificate, or a certificate as amended where a
42-15 copy is provided, [$20] $30 per certification.
42-16 [5.] 6. For certifying an authorized printed copy of the limited
42-17 partnership law, [$20.
42-18 6.] $30.
42-19 7. For reserving a limited partnership name, or for executing,
42-20 filing or certifying any other document, [$20.
42-21 7.] $25.
42-22 8. For copies made at the Office of the Secretary of State, [$1]
42-23 $2 per page.
42-24 [8.] 9. For filing a certificate of cancellation of a limited
42-25 partnership, [$60.] $75.
42-26 Except as otherwise provided in this section, the fees set forth in
42-27 NRS 78.785 apply to this chapter.
42-28 Sec. 61. NRS 88.535 is hereby amended to read as follows:
42-29 88.535 1. On application to a court of competent jurisdiction
42-30 by any judgment creditor of a partner, the court may charge the
42-31 partnership interest of the partner with payment of the unsatisfied
42-32 amount of the judgment with interest. To the extent so charged, the
42-33 judgment creditor has only the rights of an assignee of the
42-34 partnership interest.
42-35 2. [The court may appoint a receiver of the share of the
42-36 distributions due or to become due to the judgment debtor in respect
42-37 of the partnership. The receiver has only the rights of an assignee.
42-38 The court may make all other orders, directions, accounts and
42-39 inquiries that the judgment debtor might have made or which the
42-40 circumstances of the case may require.
42-41 3. A charging order constitutes a lien on the partnership
42-42 interest of the judgment debtor. The court may order a foreclosure
42-43 of the partnership interest subject to the charging order at any time.
42-44 The purchaser at the foreclosure sale has only the rights of an
42-45 assignee.
43-1 4. Unless otherwise provided in the articles of organization or
43-2 operating agreement, at any time before foreclosure, a partnership
43-3 interest charged may be redeemed:
43-4 (a) By the judgment debtor;
43-5 (b) With property other than property of the limited partnership,
43-6 by one or more of the other partners; or
43-7 (c) By the limited partnership with the consent of all of the
43-8 partners whose interests are not so charged.
43-9 5.] This section [provides] :
43-10 (a) Provides the exclusive remedy by which a judgment creditor
43-11 of a partner or an assignee of a partner may satisfy a judgment out
43-12 of the partnership interest of the judgment debtor.
43-13 [6. No creditor of a partner has any right to obtain possession
43-14 of, or otherwise exercise legal or equitable remedies with respect to,
43-15 the property of the limited partnership.
43-16 7. This section does]
43-17 (b) Does not deprive any partner of the benefit of any exemption
43-18 laws applicable to his partnership interest.
43-19 Sec. 62. NRS 88.585 is hereby amended to read as follows:
43-20 88.585 [A] Except as otherwise provided in section 50 of this
43-21 act, a foreign limited partnership may register with the Secretary of
43-22 State under any name, whether or not it is the name under which it is
43-23 registered in its state of organization, that includes without
43-24 abbreviation the words “limited partnership” and that could be
43-25 registered by a domestic limited partnership.
43-26 Sec. 62.5. NRS 88A.530 is hereby amended to read as
43-27 follows:
43-28 88A.530 1. A resident agent who desires to resign shall
43-29 [file] :
43-30 (a) File with the Secretary of State a signed statement [for each
43-31 business trust for which] in the manner provided pursuant to
43-32 subsection 1 of NRS 78.097 that he is unwilling to continue to act
43-33 [.] as the resident agent of the business trust for the service of
43-34 process; and
43-35 (b) Pay to the Secretary of State the filing fee set forth in
43-36 subsection 1 of NRS 78.097.
43-37 A resignation is not effective until the signed statement is [so filed.]
43-38 filed with the Secretary of State.
43-39 2. The statement of resignation may contain a statement of the
43-40 affected business trust appointing a successor resident agent. A
43-41 certificate of acceptance executed by the new resident agent, stating
43-42 the full name, complete street address and, if different from the
43-43 street address, mailing address of the new resident agent, must
43-44 accompany the statement appointing a successor resident agent.
44-1 3. Upon the filing of the statement of resignation with the
44-2 Secretary of State, the capacity of the resigning person as resident
44-3 agent terminates. If the statement of resignation contains no
44-4 statement by the business trust appointing a successor resident
44-5 agent, the resigning agent shall immediately give written notice, by
44-6 mail, to the business trust of the filing of the statement of
44-7 resignation and its effect. The notice must be addressed to a trustee
44-8 of the business trust other than the resident agent.
44-9 4. If its resident agent dies, resigns or removes from the State,
44-10 a business trust, within 30 days thereafter, shall file with the
44-11 Secretary of State a certificate of acceptance executed by a new
44-12 resident agent. The certificate must set forth the full name and
44-13 complete street address of the new resident agent, and may contain a
44-14 mailing address, such as a post office box, different from the street
44-15 address.
44-16 5. A business trust that fails to file a certificate of acceptance
44-17 executed by its new resident agent within 30 days after the death,
44-18 resignation or removal of its former resident agent shall be deemed
44-19 in default and is subject to the provisions of NRS 88A.630 to
44-20 88A.660, inclusive.
44-21 Sec. 63. NRS 88A.540 is hereby amended to read as follows:
44-22 88A.540 1. If a business trust formed pursuant to this chapter
44-23 desires to change its resident agent, the change may be effected by
44-24 filing with the Secretary of State a certificate of change [,] of
44-25 resident agent, signed by at least one trustee of the business trust,
44-26 setting forth:
44-27 (a) The name of the business trust;
44-28 (b) The name and street address of the present resident agent;
44-29 and
44-30 (c) The name and street address of the new resident agent.
44-31 2. A certificate of acceptance executed by the new resident
44-32 agent must be a part of or attached to the certificate of change [.
44-33 3. The] of resident agent.
44-34 3. If the name of a resident agent is changed as a result of a
44-35 merger, conversion, exchange, sale, reorganization or
44-36 amendment, the resident agent shall:
44-37 (a) File with the Secretary of State a certificate of name
44-38 change of resident agent that includes:
44-39 (1) The current name of the resident agent as filed with the
44-40 Secretary of State;
44-41 (2) The new name of the resident agent; and
44-42 (3) The name and file number of each artificial person
44-43 formed, organized, registered or qualified pursuant to the
44-44 provisions of this title that the resident agent represents; and
44-45 (b) Pay to the Secretary of State a filing fee of $100.
45-1 4. A change authorized by this section becomes effective upon
45-2 the filing of the proper certificate of change.
45-3 Sec. 64. NRS 88A.600 is hereby amended to read as follows:
45-4 88A.600 1. A business trust formed pursuant to this chapter
45-5 shall, on or before the first day of the second month after the filing
45-6 of its certificate of trust with the Secretary of State, and annually
45-7 thereafter on or before the last day of the month in which the
45-8 anniversary date of the filing of its certificate of trust with the
45-9 Secretary of State occurs, file with the Secretary of State, on a form
45-10 furnished by him, a list signed by at least one trustee that contains
45-11 the name and mailing address of its lawfully designated resident
45-12 agent and at least one trustee. Each list filed pursuant to this
45-13 subsection must be accompanied by a declaration under penalty of
45-14 perjury that the business trust has complied with the provisions of
45-15 chapter 364A of NRS.
45-16 2. Upon filing:
45-17 (a) The initial list required by subsection 1, the business trust
45-18 shall pay to the Secretary of State a fee of [$165.] $125.
45-19 (b) Each annual list required by subsection 1, the business trust
45-20 shall pay to the Secretary of State a fee of [$85.] $125.
45-21 3. If a trustee of a business trust resigns and the resignation
45-22 is not made in conjunction with the filing of an annual or
45-23 amended list of trustees, the business trust shall pay to the
45-24 Secretary of State a fee of $75 to file the resignation of the trustee.
45-25 4. The Secretary of State shall, 60 days before the last day for
45-26 filing each annual list required by subsection 1, cause to be mailed
45-27 to each business trust which is required to comply with the
45-28 provisions of NRS 88A.600 to 88A.660, inclusive, and which has
45-29 not become delinquent, the blank forms to be completed and filed
45-30 with him. Failure of a business trust to receive the forms does not
45-31 excuse it from the penalty imposed by law.
45-32 [4.] 5. An annual list for a business trust not in default which is
45-33 received by the Secretary of State more than 60 days before its due
45-34 date shall be deemed an amended list for the previous year.
45-35 Sec. 65. NRS 88A.630 is hereby amended to read as follows:
45-36 88A.630 1. Each business trust required to file the list and
45-37 pay the fee prescribed in NRS 88A.600 to 88A.660, inclusive,
45-38 which refuses or neglects to do so within the time provided shall be
45-39 deemed in default.
45-40 2. For default, there must be added to the amount of the fee a
45-41 penalty of [$50.] $75. The fee and penalty must be collected as
45-42 provided in this chapter.
45-43 Sec. 66. NRS 88A.650 is hereby amended to read as follows:
45-44 88A.650 1. Except as otherwise provided in subsection 3, the
45-45 Secretary of State shall reinstate a business trust which has forfeited
46-1 its right to transact business pursuant to the provisions of this
46-2 chapter and restore to the business trust its right to carry on business
46-3 in this state, and to exercise its privileges and immunities, if it:
46-4 (a) Files with the Secretary of State [the] :
46-5 (1) The list required by NRS 88A.600; and
46-6 (2) A certificate of acceptance of appointment signed by its
46-7 resident agent; and
46-8 (b) Pays to the Secretary of State:
46-9 (1) The filing fee and penalty set forth in NRS 88A.600 and
46-10 88A.630 for each year or portion thereof during which its certificate
46-11 of trust was revoked; and
46-12 (2) A fee of [$200] $300 for reinstatement.
46-13 2. When the Secretary of State reinstates the business trust, he
46-14 shall:
46-15 (a) Immediately issue and deliver to the business trust a
46-16 certificate of reinstatement authorizing it to transact business as if
46-17 the filing fee had been paid when due; and
46-18 (b) Upon demand, issue to the business trust one or more
46-19 certified copies of the certificate of reinstatement.
46-20 3. The Secretary of State shall not order a reinstatement unless
46-21 all delinquent fees and penalties have been paid, and the revocation
46-22 of the certificate of trust occurred only by reason of the failure to
46-23 file the list or pay the fees and penalties.
46-24 Sec. 67. NRS 88A.900 is hereby amended to read as follows:
46-25 88A.900 The Secretary of State shall charge and collect the
46-26 following fees for:
46-27 1. Filing an original certificate of trust, or for registering a
46-28 foreign business trust, [$175.] $75.
46-29 2. Filing an amendment or restatement, or a combination
46-30 thereof, to a certificate of trust, [$150.] $175.
46-31 3. Filing a certificate of cancellation, [$175.] $75.
46-32 4. Certifying a copy of a certificate of trust or an amendment or
46-33 restatement, or a combination thereof, [$20] $30 per certification.
46-34 5. Certifying an authorized printed copy of this chapter,
46-35 [$20.] $30.
46-36 6. Reserving a name for a business trust, [$20.] $25.
46-37 7. Executing a certificate of existence of a business trust which
46-38 does not list the previous documents relating to it, or a certificate of
46-39 change in the name of a business trust, [$40.] $50.
46-40 8. Executing a certificate of existence of a business trust which
46-41 lists the previous documents relating to it, [$40.
46-42 9. Filing a statement of change of address of the registered
46-43 office for each business trust, $30.
46-44 10.] $50.
46-45 9. Filing a statement of change of the [registered agent, $30.
47-1 11.] resident agent, $60.
47-2 10. Executing, certifying or filing any certificate or document
47-3 not otherwise provided for in this section, [$40.
47-4 12.] $50.
47-5 11. Examining and provisionally approving a document before
47-6 the document is presented for filing, [$100.
47-7 13.] $125.
47-8 12. Copying a document on file with him, for each page,
47-9 [$1.] $2.
47-10 Sec. 68. NRS 88A.930 is hereby amended to read as follows:
47-11 88A.930 1. A business trust may correct a document filed by
47-12 the Secretary of State with respect to the business trust if the
47-13 document contains an inaccurate record of a trust action described in
47-14 the document or was defectively executed, attested, sealed, verified
47-15 or acknowledged.
47-16 2. To correct a document, the business trust must:
47-17 (a) Prepare a certificate of correction that:
47-18 (1) States the name of the business trust;
47-19 (2) Describes the document, including, without limitation, its
47-20 filing date;
47-21 (3) Specifies the inaccuracy or defect;
47-22 (4) Sets forth the inaccurate or defective portion of the
47-23 document in an accurate or corrected form; and
47-24 (5) Is signed by a trustee of the business trust.
47-25 (b) Deliver the certificate to the Secretary of State for filing.
47-26 (c) Pay a filing fee of [$150] $175 to the Secretary of State.
47-27 3. A certificate of correction is effective on the effective date
47-28 of the document it corrects except as to persons relying on the
47-29 uncorrected document and adversely affected by the correction. As
47-30 to those persons, the certificate is effective when filed.
47-31 Sec. 69. NRS 89.210 is hereby amended to read as follows:
47-32 89.210 1. Within 30 days after the organization of a
47-33 professional association under this chapter, the association shall file
47-34 with the Secretary of State a copy of the articles of association, duly
47-35 executed, and shall pay at that time a filing fee of [$175.Any such
47-36 association formed as a common-law association before July 1,
47-37 1969, shall file, within 30 days after July 1, 1969, a certified copy of
47-38 its articles of association, with any amendments thereto, with the
47-39 Secretary of State, and shall pay at that time a filing fee of $25.]
47-40 $75. A copy of any amendments to the articles of association
47-41 [adopted after July 1, 1969,] must also be filed with the Secretary of
47-42 State within 30 days after the adoption of such amendments. Each
47-43 copy of amendments so filed must be certified as true and correct
47-44 and be accompanied by a filing fee of [$150.] $175.
48-1 2. The name of such a professional association must contain
48-2 the words “Professional Association,” “Professional Organization”
48-3 or the abbreviations “Prof. Ass’n” or “Prof. Org.” The association
48-4 may render professional services and exercise its authorized powers
48-5 under a fictitious name if the association has first registered the
48-6 name in the manner required under chapter 602 of NRS.
48-7 Sec. 70. NRS 89.250 is hereby amended to read as follows:
48-8 89.250 1. Except as otherwise provided in subsection 2, a
48-9 professional association shall, on or before the first day of the
48-10 second month after the filing of its articles of association with the
48-11 Secretary of State, and annually thereafter on or before the last day
48-12 of the month in which the anniversary date of its organization occurs
48-13 in each year, furnish a statement to the Secretary of State showing
48-14 the names and residence addresses of all members and employees in
48-15 the association and certifying that all members and employees are
48-16 licensed to render professional service in this state.
48-17 2. A professional association organized and practicing pursuant
48-18 to the provisions of this chapter and NRS 623.349 shall, on or
48-19 before the first day of the second month after the filing of its articles
48-20 of association with the Secretary of State, and annually thereafter on
48-21 or before the last day of the month in which the anniversary date of
48-22 its organization occurs in each year, furnish a statement to the
48-23 Secretary of State:
48-24 (a) Showing the names and residence addresses of all members
48-25 and employees of the association who are licensed or otherwise
48-26 authorized by law to render professional service in this state;
48-27 (b) Certifying that all members and employees who render
48-28 professional service are licensed or otherwise authorized by law to
48-29 render professional service in this state; and
48-30 (c) Certifying that all members who are not licensed to render
48-31 professional service in this state do not render professional service
48-32 on behalf of the association except as authorized by law.
48-33 3. Each statement filed pursuant to this section must be:
48-34 (a) Made on a form prescribed by the Secretary of State and
48-35 must not contain any fiscal or other information except that
48-36 expressly called for by this section.
48-37 (b) Signed by the chief executive officer of the association.
48-38 (c) Accompanied by a declaration under penalty of perjury that
48-39 the professional association has complied with the provisions of
48-40 chapter 364A of NRS.
48-41 4. Upon filing:
48-42 (a) The initial statement required by this section, the association
48-43 shall pay to the Secretary of State a fee of [$165.] $125.
48-44 (b) Each annual statement required by this section, the
48-45 association shall pay to the Secretary of State a fee of [$85.] $125.
49-1 5. As used in this section, “signed” means to have executed or
49-2 adopted a name, word or mark, including, without limitation, an
49-3 electronic signature as defined in NRS 719.100, with the present
49-4 intention to authenticate a document.
49-5 Sec. 71. NRS 89.252 is hereby amended to read as follows:
49-6 89.252 1. Each professional association that is required to
49-7 make a filing and pay the fee prescribed in NRS 89.250 but refuses
49-8 to do so within the time provided is in default.
49-9 2. For default, there must be added to the amount of the fee a
49-10 penalty of [$50.] $75. The fee and penalty must be collected as
49-11 provided in this chapter.
49-12 Sec. 72. NRS 89.256 is hereby amended to read as follows:
49-13 89.256 1. Except as otherwise provided in subsections 3 and
49-14 4, the Secretary of State shall reinstate any professional association
49-15 which has forfeited its right to transact business under the provisions
49-16 of this chapter and restore the right to carry on business in this state
49-17 and exercise its privileges and immunities if it:
49-18 (a) Files with the Secretary of State [the] :
49-19 (1) The statement and certification required by NRS 89.250;
49-20 and
49-21 (2) A certificate of acceptance of appointment signed by its
49-22 resident agent; and
49-23 (b) Pays to the Secretary of State:
49-24 (1) The filing fee and penalty set forth in NRS 89.250 and
49-25 89.252 for each year or portion thereof during which the articles of
49-26 association have been revoked; and
49-27 (2) A fee of [$200] $300 for reinstatement.
49-28 2. When the Secretary of State reinstates the association to its
49-29 former rights, he shall:
49-30 (a) Immediately issue and deliver to the association a certificate
49-31 of reinstatement authorizing it to transact business, as if the fees had
49-32 been paid when due; and
49-33 (b) Upon demand, issue to the association a certified copy of the
49-34 certificate of reinstatement.
49-35 3. The Secretary of State shall not order a reinstatement unless
49-36 all delinquent fees and penalties have been paid, and the revocation
49-37 of the [association’s] articles of association occurred only by reason
49-38 of [its] the failure to pay the fees and penalties.
49-39 4. If the articles of association of a professional association
49-40 have been revoked pursuant to the provisions of this chapter and
49-41 have remained revoked for 10 consecutive years, the articles must
49-42 not be reinstated.
50-1 Sec. 73. NRS 92A.190 is hereby amended to read as follows:
50-2 92A.190 1. One or more foreign entities may merge or enter
50-3 into an exchange of owner’s interests with one or more domestic
50-4 entities if:
50-5 (a) In a merger, the merger is permitted by the law of the
50-6 jurisdiction under whose law each foreign entity is organized and
50-7 governed and each foreign entity complies with that law in effecting
50-8 the merger;
50-9 (b) In an exchange, the entity whose owner’s interests will be
50-10 acquired is a domestic entity, whether or not an exchange of
50-11 owner’s interests is permitted by the law of the jurisdiction under
50-12 whose law the acquiring entity is organized;
50-13 (c) The foreign entity complies with NRS 92A.200 to 92A.240,
50-14 inclusive, if it is the surviving entity in the merger or acquiring
50-15 entity in the exchange and sets forth in the articles of merger or
50-16 exchange its address where copies of process may be sent by the
50-17 Secretary of State; and
50-18 (d) Each domestic entity complies with the applicable provisions
50-19 of NRS 92A.100 to 92A.180, inclusive, and, if it is the surviving
50-20 entity in the merger or acquiring entity in the exchange, with NRS
50-21 92A.200 to 92A.240, inclusive.
50-22 2. When the merger or exchange takes effect, the surviving
50-23 foreign entity in a merger and the acquiring foreign entity in an
50-24 exchange shall be deemed:
50-25 (a) To appoint the Secretary of State as its agent for service of
50-26 process in a proceeding to enforce any obligation or the rights of
50-27 dissenting owners of each domestic entity that was a party to the
50-28 merger or exchange. Service of such process must be made by
50-29 personally delivering to and leaving with the Secretary of State
50-30 duplicate copies of the process and the payment of a fee of [$50]
50-31 $100 for accepting and transmitting the process. The Secretary of
50-32 State shall forthwith send by registered or certified mail one of the
50-33 copies to the surviving or acquiring entity at its specified address,
50-34 unless the surviving or acquiring entity has designated in writing to
50-35 the Secretary of State a different address for that purpose, in which
50-36 case it must be mailed to the last address so designated.
50-37 (b) To agree that it will promptly pay to the dissenting owners of
50-38 each domestic entity that is a party to the merger or exchange the
50-39 amount, if any, to which they are entitled under or created pursuant
50-40 to NRS 92A.300 to 92A.500, inclusive.
50-41 3. This section does not limit the power of a foreign entity to
50-42 acquire all or part of the owner’s interests of one or more classes or
50-43 series of a domestic entity through a voluntary exchange or
50-44 otherwise.
51-1 Sec. 74. NRS 92A.195 is hereby amended to read as follows:
51-2 92A.195 1. One foreign entity or foreign general partnership
51-3 may convert into one domestic entity if:
51-4 (a) The conversion is permitted by the law of the jurisdiction
51-5 governing the foreign entity or foreign general partnership and the
51-6 foreign entity or foreign general partnership complies with that law
51-7 in effecting the conversion;
51-8 (b) The foreign entity or foreign general partnership complies
51-9 with the applicable provisions of NRS 92A.205 and, if it is the
51-10 resulting entity in the conversion, with NRS 92A.210 to 92A.240,
51-11 inclusive; and
51-12 (c) The domestic entity complies with the applicable provisions
51-13 of NRS 92A.105, 92A.120, 92A.135, 92A.140 and 92A.165 and, if
51-14 it is the resulting entity in the conversion, with NRS 92A.205 to
51-15 92A.240, inclusive.
51-16 2. When the conversion takes effect, the resulting foreign entity
51-17 in a conversion shall be deemed to have appointed the Secretary of
51-18 State as its agent for service of process in a proceeding to enforce
51-19 any obligation. Service of process must be made personally by
51-20 delivering to and leaving with the Secretary of State duplicate
51-21 copies of the process and the payment of a fee of [$25] $100 for
51-22 accepting and transmitting the process. The Secretary of State shall
51-23 send one of the copies of the process by registered or certified mail
51-24 to the resulting entity at its specified address, unless the resulting
51-25 entity has designated in writing to the Secretary of State a different
51-26 address for that purpose, in which case it must be mailed to the last
51-27 address so designated.
51-28 Sec. 75. NRS 92A.210 is hereby amended to read as follows:
51-29 92A.210 1. Except as otherwise provided in this section, the
51-30 fee for filing articles of merger, articles of conversion, articles of
51-31 exchange, articles of domestication or articles of termination is
51-32 [$325.] $350. The fee for filing the constituent documents of a
51-33 domestic resulting entity is the fee for filing the constituent
51-34 documents determined by the chapter of NRS governing the
51-35 particular domestic resulting entity.
51-36 2. The fee for filing articles of merger of two or more domestic
51-37 corporations is the difference between the fee computed at the rates
51-38 specified in NRS 78.760 upon the aggregate authorized stock of the
51-39 corporation created by the merger and the fee computed upon the
51-40 aggregate amount of the total authorized stock of the constituent
51-41 corporation.
51-42 3. The fee for filing articles of merger of one or more domestic
51-43 corporations with one or more foreign corporations is the difference
51-44 between the fee computed at the rates specified in NRS 78.760 upon
51-45 the aggregate authorized stock of the corporation created by the
52-1 merger and the fee computed upon the aggregate amount of the total
52-2 authorized stock of the constituent corporations which have paid the
52-3 fees required by NRS 78.760 and 80.050.
52-4 4. The fee for filing articles of merger of two or more domestic
52-5 or foreign corporations must not be less than [$325.] $350. The
52-6 amount paid pursuant to subsection 3 must not exceed [$25,000.]
52-7 $35,000.
52-8 Sec. 76. NRS 14.020 is hereby amended to read as follows:
52-9 14.020 1. Every corporation, limited-liability company,
52-10 limited-liability partnership, limited partnership, limited-liability
52-11 limited partnership, business trust and municipal corporation
52-12 created and existing under the laws of any other state, territory, or
52-13 foreign government, or the Government of the United States, doing
52-14 business in this state shall appoint and keep in this state a resident
52-15 agent who resides or is located in this state, upon whom all legal
52-16 process and any demand or notice authorized by law to be served
52-17 upon it may be served in the manner provided in subsection 2. The
52-18 corporation, limited-liability company, limited-liability partnership,
52-19 limited partnership, limited-liability limited partnership, business
52-20 trust or municipal corporation shall file with the Secretary of State a
52-21 certificate of acceptance of appointment signed by its resident agent.
52-22 The certificate must set forth the full name and address of the
52-23 resident agent. [The] A certificate of change of resident agent must
52-24 be [renewed] filed in the manner provided in title 7 of NRS
52-25 [whenever a change is made in the appointment or a vacancy occurs
52-26 in the agency.] if the corporation, limited-liability company,
52-27 limited-liability partnership, limited partnership, limited-liability
52-28 limited partnership, business trust or municipal corporation
52-29 desires to change its resident agent. A certificate of name change
52-30 of resident agent must be filed in the manner provided in title 7 of
52-31 NRS if the name of a resident is changed as a result of a merger,
52-32 conversion, exchange, sale, reorganization or amendment.
52-33 2. All legal process and any demand or notice authorized by
52-34 law to be served upon the foreign corporation, limited-liability
52-35 company, limited-liability partnership, limited partnership, limited-
52-36 liability limited partnership, business trust or municipal corporation
52-37 may be served upon the resident agent personally or by leaving a
52-38 true copy thereof with a person of suitable age and discretion at the
52-39 address shown on the current certificate of acceptance filed with the
52-40 Secretary of State.
52-41 3. Subsection 2 provides an additional mode and manner of
52-42 serving process, demand or notice and does not affect the validity of
52-43 any other service authorized by law.
53-1 Sec. 77. NRS 104.9525 is hereby amended to read as follows:
53-2 104.9525 1. Except as otherwise provided in subsection 5,
53-3 the fee for filing and indexing a record under this part, other than an
53-4 initial financing statement of the kind described in subsection 2 of
53-5 NRS 104.9502, is:
53-6 (a) [Twenty] Forty dollars if the record is communicated in
53-7 writing and consists of one or two pages;
53-8 (b) [Forty] Sixty dollars if the record is communicated in writing
53-9 and consists of more than two pages, and [$1] $2 for each page over
53-10 20 pages;
53-11 (c) [Ten] Twenty dollars if the record is communicated by
53-12 another medium authorized by filing-office rule; and
53-13 (d) [One dollar] Two dollars for each additional debtor, trade
53-14 name or reference to another name under which business is done.
53-15 2. The filing officer may charge and collect [$1] $2 for each
53-16 page of copy or record of filings produced by him at the request of
53-17 any person.
53-18 3. Except as otherwise provided in subsection 5, the fee for
53-19 filing and indexing an initial financing statement of the kind
53-20 described in subsection 3 of NRS 104.9502 is:
53-21 (a) [Forty] Sixty dollars if the financing statement indicates that
53-22 it is filed in connection with a public-finance transaction; and
53-23 (b) [Twenty] Forty dollars if the financing statement indicates
53-24 that it is filed in connection with a manufactured-home transaction.
53-25 4. The fee for responding to a request for information from the
53-26 filing office, including for issuing a certificate showing whether
53-27 there is on file any financing statement naming a particular debtor,
53-28 is:
53-29 (a) [Twenty] Forty dollars if the request is communicated in
53-30 writing; and
53-31 (b) [Fifteen] Twenty dollars if the request is communicated by
53-32 another medium authorized by filing-office rule.
53-33 5. This section does not require a fee with respect to a
53-34 mortgage that is effective as a financing statement filed as a fixture
53-35 filing or as a financing statement covering as-extracted collateral or
53-36 timber to be cut under subsection 3 of NRS 104.9502. However, the
53-37 fees for recording and satisfaction which otherwise would be
53-38 applicable to the mortgage apply.
53-39 Sec. 78. NRS 105.070 is hereby amended to read as follows:
53-40 105.070 1. The Secretary of State or county recorder shall
53-41 mark any security instrument and any statement of change, merger
53-42 or consolidation presented for filing with the day and hour of filing
53-43 and the file number assigned to it. This mark is, in the absence of
53-44 other evidence, conclusive proof of the time and fact of presentation
53-45 for filing.
54-1 2. The Secretary of State or county recorder shall retain and
54-2 file all security instruments and statements of change, merger or
54-3 consolidation presented for filing.
54-4 3. The uniform fee for filing and indexing a security
54-5 instrument, or a supplement or amendment thereto, and a statement
54-6 of change, merger or consolidation, and for stamping a copy of
54-7 those documents furnished by the secured party or the public utility,
54-8 to show the date and place of filing is [$15] $40 if the document is
54-9 in the standard form prescribed by the Secretary of State and
54-10 otherwise is [$20, plus $1] $50, plus $2 for each additional debtor or
54-11 trade name.
54-12 Sec. 79. NRS 105.080 is hereby amended to read as follows:
54-13 105.080 Upon the request of any person, the Secretary of State
54-14 shall issue his certificate showing whether there is on file on the
54-15 date and hour stated therein, any presently effective security
54-16 instrument naming a particular public utility, and if there is, giving
54-17 the date and hour of filing of the instrument and the names and
54-18 addresses of each secured party. The uniform fee for such a
54-19 certificate is [$15] $40 if the request for the certificate is in the
54-20 standard form prescribed by the Secretary of State and otherwise is
54-21 [$20.] $50. Upon request the Secretary of State or a county recorder
54-22 shall furnish a copy of any filed security instrument upon payment
54-23 of the statutory fee for copies.
54-24 Sec. 80. NRS 225.140 is hereby amended to read as follows:
54-25 225.140 1. Except as otherwise provided in subsection 2, in
54-26 addition to other fees authorized by law, the Secretary of State shall
54-27 charge and collect the following fees:
54-28 [For a copy of any law, joint resolution, transcript
54-29 of record, or other paper on file or of record in his
54-30 office, other than a document required to be filed
54-31 pursuant to title 24 of NRS, per page$1.00
54-32 For a copy of any document required to be filed
54-33 pursuant to title 24 of NRS, per page .50]
54-34 For certifying to [any such] a copy of any law, joint
54-35 resolution, transcript of record or other paper on
54-36 file or of record with the Secretary of State,
54-37 including, but not limited to, a document required
54-38 to be filed pursuant to title 24 of NRS, and use of
54-39 the State Seal, for each impression[10.00] $20
54-40 For each passport or other document signed by
54-41 the Governor and attested by the Secretary of State [10.00] 10
54-42 [For a negotiable instrument returned unpaid10.00]
55-1 2. The Secretary of State:
55-2 (a) Shall charge a reasonable fee for searching records and
55-3 documents kept in his office.
55-4 (b) May charge or collect any filing or other fees for services
55-5 rendered by him to the State of Nevada, any local governmental
55-6 agency or agency of the Federal Government, or any officer thereof
55-7 in his official capacity or respecting his office or official duties.
55-8 (c) May not charge or collect a filing or other fee for:
55-9 (1) Attesting extradition papers or executive warrants for
55-10 other states.
55-11 (2) Any commission or appointment issued or made by the
55-12 Governor, either for the use of the State Seal or otherwise.
55-13 (d) May charge a reasonable fee, not to exceed:
55-14 (1) Five hundred dollars, for providing service within 2 hours
55-15 after the time the service is requested; and
55-16 (2) One hundred twenty-five dollars, for providing any other
55-17 special service, including, but not limited to, providing service more
55-18 than 2 hours but within 24 hours after the time the service is
55-19 requested, accepting documents filed by facsimile machine and
55-20 other use of new technology.
55-21 (e) Shall charge a fee, not to exceed the actual cost to the
55-22 Secretary of State, for providing:
55-23 (1) A copy of any record kept in his office that is stored on a
55-24 computer or on microfilm if the copy is provided on a tape, disc or
55-25 other medium used for the storage of information by a computer or
55-26 on duplicate film.
55-27 (2) Access to his computer database on which records are
55-28 stored.
55-29 3. From each fee collected pursuant to paragraph (d) of
55-30 subsection 2:
55-31 (a) The entire amount or [$50,] $62.50, whichever is less, of the
55-32 fee collected pursuant to subparagraph (1) of that paragraph and half
55-33 of the fee collected pursuant to subparagraph (2) of that paragraph
55-34 must be deposited with the State Treasurer for credit to the Account
55-35 for Special Services of the Secretary of State in the State General
55-36 Fund. Any amount remaining in the Account at the end of a fiscal
55-37 year in excess of $2,000,000 must be transferred to the State
55-38 General Fund. Money in the Account may be transferred to the
55-39 Secretary of State’s operating general fund budget account and must
55-40 only be used to create and maintain the capability of the Office of
55-41 the Secretary of State to provide special services, including, but not
55-42 limited to, providing service:
55-43 (1) On the day it is requested or within 24 hours; or
55-44 (2) Necessary to increase or maintain the efficiency of the
55-45 Office.
56-1 Any transfer of money from the Account for expenditure by the
56-2 Secretary of State must be approved by the Interim Finance
56-3 Committee.
56-4 (b) After deducting the amount required pursuant to paragraph
56-5 (a), the remainder must be deposited with the State Treasurer for
56-6 credit to the State General Fund.
56-7 Sec. 81. Chapter 364A of NRS is hereby amended by adding
56-8 thereto a new section to read as follows:
56-9 1. If the Department has reasonable cause to believe that any
56-10 person has failed to comply with the provisions of NRS 364A.130,
56-11 the Department may issue an order directed to the person to show
56-12 cause why the Department should not order the person to cease
56-13 and desist from conducting a business in this state. The order must
56-14 contain a statement of the charges and a notice of a hearing to be
56-15 held thereon. The order must be served upon the person directly or
56-16 by certified or registered mail, return receipt requested.
56-17 2. If, after conducting a hearing pursuant to the provisions of
56-18 subsection 1, the Department determines that the person has failed
56-19 to comply with the provisions of NRS 364A.130 or if the person
56-20 fails to appear for the hearing after being properly served with the
56-21 statement of charges and notice of hearing, the Department may
56-22 make a written report of his findings of fact concerning the
56-23 violation and cause to be served a copy thereof upon the person at
56-24 the hearing. If the Department determines in the report that such
56-25 failure has occurred, the Department may order the violator to:
56-26 (a) Cease and desist from conducting a business in this state;
56-27 and
56-28 (b) Pay the costs of reporting services, fees for experts and
56-29 other witnesses, charges for the rental of a hearing room if such a
56-30 room is not available to the Department free of charge, charges
56-31 for providing an independent hearing officer, if any, and charges
56-32 incurred for any service of process, if the violator is adjudicated to
56-33 have failed to comply with the provisions of NRS 364A.130.
56-34 The order must be served upon the person directly or by certified
56-35 or registered mail, return receipt requested. The order becomes
56-36 effective upon service in the manner provided in this subsection.
56-37 3. Any person whose pecuniary interests are directly and
56-38 immediately affected by an order issued pursuant to subsection 2
56-39 or who is aggrieved by the order may petition for judicial review in
56-40 the manner provided in chapter 233B of NRS. Such a petition
56-41 must be filed within 30 days after the service of the order. The
56-42 order becomes final upon the filing of the petition.
56-43 4. If a person fails to comply with any provision of an order
56-44 issued pursuant to subsection 2, the Department may, through the
56-45 Attorney General, at any time after 30 days after the service of
57-1 the order, cause an action to be instituted in the district court of
57-2 the county wherein the person resides or has his principal place
57-3 of business requesting the court to enforce the provisions of the
57-4 order or to provide any other appropriate injunctive relief.
57-5 5. If the court finds that:
57-6 (a) There has been a failure to comply with the provisions of
57-7 NRS 364A.130;
57-8 (b) The proceedings by the Department concerning the written
57-9 report and any order issued pursuant to subsection 3 are in the
57-10 interest of the public; and
57-11 (c) The findings of the Department are supported by the weight
57-12 of the evidence,
57-13 the court shall issue an order enforcing the provisions of the order
57-14 of the Department.
57-15 6. An order issued pursuant to subsection 5 may include:
57-16 (a) A provision requiring the payment to the Department of a
57-17 penalty of not more than $5,000 for each act amounting to a
57-18 failure to comply with the Department’s order; or
57-19 (b) Such injunctive or other equitable or extraordinary relief
57-20 as is determined appropriate by the court.
57-21 7. Any aggrieved party may appeal from the final judgment,
57-22 order or decree of the court in a like manner as provided for
57-23 appeals in civil cases.
57-24 Sec. 82. NRS 364A.130 is hereby amended to read as follows:
57-25 364A.130 1. Except as otherwise provided in subsection [6,]
57-26 8, a person shall not conduct a business in this state unless he has a
57-27 business license issued by the Department.
57-28 2. The application for a business license must:
57-29 (a) Be made upon a form prescribed by the Department;
57-30 (b) Set forth the name under which the applicant transacts or
57-31 intends to transact business and the location of his place or places of
57-32 business;
57-33 (c) Declare the estimated number of employees for the previous
57-34 calendar quarter;
57-35 (d) Be accompanied by a fee of [$25;] $50; and
57-36 (e) Include any other information that the Department deems
57-37 necessary.
57-38 3. The application must be signed by:
57-39 (a) The owner, if the business is owned by a natural person;
57-40 (b) A member or partner, if the business is owned by an
57-41 association or partnership; or
57-42 (c) An officer or some other person specifically authorized to
57-43 sign the application, if the business is owned by a corporation.
58-1 4. If the application is signed pursuant to paragraph (c) of
58-2 subsection 3, written evidence of the signer’s authority must be
58-3 attached to the application.
58-4 5. A person who has been issued a business license by the
58-5 Department shall submit a fee of $50 to the Department on or
58-6 before the last day of the month in which the anniversary date of
58-7 issuance of the business license occurs in each year, unless the
58-8 person submits a written statement to the Department, at least 10
58-9 days before the anniversary date, indicating that the person will
58-10 not be conducting business in this state after the anniversary date.
58-11 A person who fails to submit the annual fee required pursuant to
58-12 this subsection in a timely manner shall pay a penalty in the
58-13 amount of $75 in addition to the annual fee.
58-14 6. The business license required to be obtained pursuant to
58-15 this section is in addition to any license to conduct business that
58-16 must be obtained from the local jurisdiction in which the business
58-17 is being conducted.
58-18 7. For the purposes of this chapter, a person shall be deemed to
58-19 conduct a business in this state if a business for which the person is
58-20 responsible:
58-21 (a) Is incorporated pursuant to chapter 78 or 78A of NRS;
58-22 (b) Has an office or other base of operations in this state; or
58-23 (c) Pays wages or other remuneration to a natural person who
58-24 performs in this state any of the duties for which he is paid.
58-25 [6.] 8. A person who takes part in a trade show or convention
58-26 held in this state for a purpose related to the conduct of a business is
58-27 not required to obtain a business license specifically for that event.
58-28 Sec. 83. NRS 364A.160 is hereby repealed.
58-29 Sec. 84. The Secretary of State is hereby authorized, without
58-30 obtaining further approval, to hire such additional personnel as are
58-31 necessary to carry out the provisions of this act.
58-32 Sec. 85. 1. This section and sections 1, 2, 5 to 15, inclusive,
58-33 17 to 19.5, inclusive, 21 to 24, inclusive, 25, 27 to 35, inclusive, 37
58-34 to 52, inclusive, 54 to 62, inclusive, 64 to 75, inclusive, and 77 to
58-35 84, inclusive, of this act become effective on October 1, 2003.
58-36 2. Sections 3, 16, 20, 24.5, 26.5, 36.5, 53.5 and 62.5 of this act
58-37 become effective:
58-38 (a) Except as otherwise provided in paragraph (b) or paragraph
58-39 (b) of subsection 3, on October 1, 2003.
58-40 (b) On January 1, 2004, for the purpose of requiring a resident
58-41 agent who desires to resign to file a statement of resignation for
58-42 each artificial person formed, organized, registered or qualified
58-43 pursuant to the provisions of title 7 of NRS for which the resident
58-44 agent is unwilling to continue to act as the resident agent for the
58-45 service of process.
58-46 3. Sections 4, 16, 26, 36, 53, 63 and 76 of this act become
58-47 effective:
58-48 (a) Except as otherwise provided in paragraph (b) or paragraph
58-49 (b) of subsection 2, on October 1, 2003.
58-50 (b) On January 1, 2004, for the purpose of requiring a resident
58-51 agent to file a certificate of name change of resident agent if the
58-52 name of the resident agent is changed as a result of a merger,
58-53 conversion, exchange, sale, reorganization or amendment.
58-54 TEXT OF REPEALED SECTION
58-55 364A.160 Exemption for natural person with no employees
58-56 during calendar quarter. A natural person who does not employ
58-57 any employees during a calendar quarter is exempt from the
58-58 provisions of this chapter for that calendar quarter.
58-59 H