Nevada Begins 81st Legislative Session With Proposal For Significant Corporate Law Changes

On Monday, the Nevada legislature commenced its 81st session.   The legislature meets biennially in odd numbered years.  The Session is limited to 120 days.  Nev. Const. Art. 4, § 2.  Yesterday, Senator James Ohrenschall introduced SB 95 which would...

Why Did Nevada Honor This Delaware Governor?

In the corporate world, Nevada is often described as the "Delaware of the West".  Nevada legislators are in fact quite explicit about their interest in competing with Delaware for corporate charters.  In the most recent session, for example,...

It's An Odd Year When Nevada's Legislature Meets

Under Nevada's Constitution, Nevada's legislature meets biennially (i.e., every other year), a schedule not to be confused with with California's legislative biennium (i.e., lasting two years).  Nev. Const. Art. 4, § 2(1).  Nevada's current...

Want To File A Derivative Suit? You May Soon Be Required To Read Statutes

I have been writing recently about SB 203, a bill that is now pending in the Nevada legislature.  As introduced, the bill would, among other things, require the following:

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