86.141 - Purpose for organization.
86.141 Purpose for organization.
1. Except as otherwise provided in subsection 2, a limited-liability company may be organized under this chapter for any lawful purpose.
2. A limited-liability company may not be organized for the purpose of insurance unless approved to do so by the Commissioner of Insurance.
(Added to NRS by 1991, 1293; A 1995, 496; 2005, 2257)