Senate Bill 446 (Chapter 514) signed by the governor June 20 and effective October 1 amends state business laws to, among other things, establish procedures for ratification or validation of certain non-compliant corporate acts; authorize stockholder meetings solely by remote communications if authorized in articles or bylaws; clarifies the statutory definition of officers; repeal future effective date in formation documents for LLCs and LPs; and clarify that upon consummation of a merger, an owner of a constituent or merged entity remains liable for all of the constituent entity’s obligations existing at the time of the merger to the extent the owner was liable before the merger.

Nevada – Legislation Enacted Amending State Business Laws
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