Nevada Series Created by a LLC

Effective October, 1 2017

Nevada Assembly Bill 123 revises provisions governing initial and annual lists and revises provisions relating to a series created by a limited-liability company.

Each new business entity subject to Title 7 of the Nevada Revised Statutes shall file an initial list at the time of filing its organizational documents. If an amended list is filed within 60 days after the initial list is filed, the business entity shall not be required to pay a fee.

If the articles of organization or operating agreement of a limited-liability company creates one or more series, the registered agent of the company shall be deemed to be the registered agent for each series of the limited-liability company. Each series may be served with any legal process, notice or demand required or authorized by law by serving the registered agent of the limited-liability company which authorized the creation of the series.

For more information or assistance in filing in Nevada, contact the CORPSMART™ team at 800-737-8012.

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