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    Nevada Supreme Court: More Than Gross Negligence Must Be Shown For Director Breach of Fiduciary Claims

    NRS 78.138(7)(b) provides that, with certain specific statutory exceptions, a director or officer of Nevada corporation is not individually liable to the corporation or its stockholders or creditors for any damages as a result of any act or...

    Nevada Corporations, Nevada General Corporation Law

    The General Corporation Law That Doesn't Exist

    Consider the following excerpts from recent filings made with the Securities and Exchange Commission:

    Nevada Corporations, Nevada General Corporation Law, Nevada Revised Statutes, NRS

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