---
type: "Bill"
title: "Revises various provisions relating to business entities. (BDR 7-146)"
description: "AN ACT relating to business entities; revising provisions concerning certain records required to be kept by certain business entities; revising provisions relating to the breach of a fiduciary duty by a director or officer of a corporation; revising provisions relating to the ability of a stockholder to dissent in certain circumstances; revising the definition of the term “issuing corporation” as it relates to the acquisition of a controlling interest therein; authorizing stockholders of a corporation to approve an amendment to the articles of incorporation in writing; requiring written notice to certain stockholders after the dissolution of a corporation approved by written consent of the stockholders thereof; revising provisions relating to the individual liability of a person acting as the alter ego of a corporation and applying such provisions to limited-liability companies; revising provisions concerning the indemnification of certain persons by a corporation; establishing provisions relating to the duties owed to certain limited-liability companies and certain other persons by a manager or managing member of the limited-liability company; establishing provisions relating to a series of members of a limited-liability company; establishing the circumstances under which the merger of a publicly traded corporation without the vote of the stockholders is authorized; revising provisions relating to limitations on the right of a stockholder to dissent; making various other changes relating to business entities; and providing other matters properly relating thereto."
jurisdiction: "us/states/nv"
legislature: "Nevada Legislature"
session: "80"
identifier: "AB 207"
citation: "Nevada AB 207 (80)"
classification: ["bill"]
subjects: ["NONPROFIT CORPORATIONS AND ASSOCIATIONS", "LIMITED‑LIABILITY COMPANIES", "CORPORATIONS"]
status: "enacted"
primary_sponsors: ["Assemblyman Alexander Assefa", "Assemblyman Jason Frierson", "Assemblywoman Daniele Monroe-Moreno", "Assemblywoman Teresa Benitez-Thompson"]
version_count: 4
action_count: 13
vote_count: 0
first_action: "2019-02-18T08:00:00+00:00"
last_action: "2019-05-09T07:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/7c879c8c-dca0-448f-a55f-d2ea146588f7"
source_url: "https://www.leg.state.nv.us/App/NELIS/REL/80th2019/Bill/6322/Overview"
source_hash: "736db7a681f2f9f1c0dd358689aa1d2b436dc6eddc8e379a060390c6e6aa635b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nv"]
---

# Nevada AB 207 (80) — Revises various provisions relating to business entities. (BDR 7-146)

AN ACT relating to business entities; revising provisions concerning certain records required to be kept by certain business entities; revising provisions relating to the breach of a fiduciary duty by a director or officer of a corporation; revising provisions relating to the ability of a stockholder to dissent in certain circumstances; revising the definition of the term “issuing corporation” as it relates to the acquisition of a controlling interest therein; authorizing stockholders of a corporation to approve an amendment to the articles of incorporation in writing; requiring written notice to certain stockholders after the dissolution of a corporation approved by written consent of the stockholders thereof; revising provisions relating to the individual liability of a person acting as the alter ego of a corporation and applying such provisions to limited-liability companies; revising provisions concerning the indemnification of certain persons by a corporation; establishing provisions relating to the duties owed to certain limited-liability companies and certain other persons by a manager or managing member of the limited-liability company; establishing provisions relating to a series of members of a limited-liability company; establishing the circumstances under which the merger of a publicly traded corporation without the vote of the stockholders is authorized; revising provisions relating to limitations on the right of a stockholder to dissent; making various other changes relating to business entities; and providing other matters properly relating thereto.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **As Introduced** (filed) — [source](https://www.leg.state.nv.us/Session/80th2019/Bills/AB/AB207.pdf)
2. **Amendment 43** (committee substitute) — [source](https://www.leg.state.nv.us/Session/80th2019/Bills/Amendments/A_AB207_43.pdf)
3. **Reprint 1** (committee substitute) — [source](https://www.leg.state.nv.us/Session/80th2019/Bills/AB/AB207_R1.pdf)
4. **As Enrolled** (enrolled) — [source](https://www.leg.state.nv.us/Session/80th2019/Bills/AB/AB207_EN.pdf)

## Sponsors

- Assemblyman Alexander Assefa — primary (person)
- Assemblyman Jason Frierson — primary (person)
- Assemblywoman Daniele Monroe-Moreno — primary (person)
- Assemblywoman Teresa Benitez-Thompson — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-02-18T08:00:00+00:00** Read first time. Referred to Committee on Judiciary. To printer. `reading-1, referral-committee`
- **2019-02-19T08:00:00+00:00** From printer. To committee.
- **2019-04-11T07:00:00+00:00** From committee: Amend, and do pass as amended. `committee-passage`
- **2019-04-15T07:00:00+00:00** Read second time. Amended. (Amend. No. 43.) To printer. `reading-2`
- **2019-04-16T07:00:00+00:00** From printer. To engrossment. Engrossed. First reprint. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 39, Nays: 1, Excused: 2.) To Senate.
- **2019-04-17T07:00:00+00:00** In Senate. Read first time. Referred to Committee on Judiciary. To committee.
- **2019-04-29T07:00:00+00:00** From committee: Do pass. `committee-passage`
- **2019-04-30T07:00:00+00:00** Read second time. `reading-2`
- **2019-05-01T07:00:00+00:00** Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly. `passage, reading-3`
- **2019-05-03T07:00:00+00:00** In Assembly. To enrollment.
- **2019-05-06T07:00:00+00:00** Enrolled and delivered to Governor. `executive-receipt`
- **2019-05-08T07:00:00+00:00** Approved by the Governor. `executive-signature`
- **2019-05-09T07:00:00+00:00** Chapter 19.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7c879c8c-dca0-448f-a55f-d2ea146588f7`. Confidence: reported (aggregated from official Nevada legislature records).