---
type: "Bill"
title: "Revises provisions relating to business entities. (BDR 7-306)"
description: "AN ACT relating to business entities; revising provisions governing the resignation of registered agents; revising provisions governing the records kept by a corporation and made available for inspection to certain persons; revising provisions concerning certain distributions to stockholders; revising provisions governing meetings of stockholders of corporations; authorizing the removal of a director of a corporation under certain circumstances; revising provisions relating to the appointment of a receiver for a private corporation; establishing the appointment of a receiver for a limited-liability company; revising the definition of “sales representative” for purposes relating to securities; revising provisions relating to limitations on the right of a stockholder to dissent; and providing other matters properly relating thereto."
jurisdiction: "us/states/nv"
legislature: "Nevada Legislature"
session: "80"
identifier: "SB 427"
citation: "Nevada SB 427 (80)"
classification: ["bill"]
subjects: ["LIMITED‑LIABILITY COMPANIES", "LIENS", "DISTRICTS", "CORPORATIONS", "REGISTERED AGENTS", "INJUNCTIONS", "DISTRICT COURTS", "SECURITIES"]
status: "enacted"
primary_sponsors: []
version_count: 4
action_count: 10
vote_count: 0
first_action: "2019-03-22T07:00:00+00:00"
last_action: "2019-06-05T07:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/089b972a-e6d4-409c-bb3d-1342823cf8ce"
source_url: "https://www.leg.state.nv.us/App/NELIS/REL/80th2019/Bill/6790/Overview"
source_hash: "273f584b41c9f4c2c3eaa54ed939bb7ce13dd3e3619591dd4b293807c3b3b6cf"
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 SB 427 (80) — Revises provisions relating to business entities. (BDR 7-306)

AN ACT relating to business entities; revising provisions governing the resignation of registered agents; revising provisions governing the records kept by a corporation and made available for inspection to certain persons; revising provisions concerning certain distributions to stockholders; revising provisions governing meetings of stockholders of corporations; authorizing the removal of a director of a corporation under certain circumstances; revising provisions relating to the appointment of a receiver for a private corporation; establishing the appointment of a receiver for a limited-liability company; revising the definition of “sales representative” for purposes relating to securities; revising provisions relating to limitations on the right of a stockholder to dissent; 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/SB/SB427.pdf)
2. **Amendment 252** (committee substitute) — [source](https://www.leg.state.nv.us/Session/80th2019/Bills/Amendments/A_SB427_252.pdf)
3. **Reprint 1** (committee substitute) — [source](https://www.leg.state.nv.us/Session/80th2019/Bills/SB/SB427_R1.pdf)
4. **As Enrolled** (enrolled) — [source](https://www.leg.state.nv.us/Session/80th2019/Bills/SB/SB427_EN.pdf)

## Sponsors

- Senate Committee on Judiciary — primary (organization)

## Timeline

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

- **2019-03-22T07:00:00+00:00** Read first time. Referred to Committee on Judiciary. To printer. `reading-1, referral-committee`
- **2019-03-25T07:00:00+00:00** From printer. To committee.
- **2019-04-14T07:00:00+00:00** Notice of eligibility for exemption.
- **2019-04-18T07:00:00+00:00** From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 252.) Re-referred to Committee on Finance. To printer. `committee-passage`
- **2019-04-19T07:00:00+00:00** From printer. To engrossment. Engrossed. First reprint. To committee. Exemption effective.
- **2019-05-29T07:00:00+00:00** From committee: Do pass as amended. Placed on General File. Read third time. Passed, as amended. Title approved. (Yeas: 20, Nays: None, Excused: 1.) To Assembly. `committee-passage`
- **2019-05-30T07:00:00+00:00** In Assembly. Read first time. Referred to Committee on Judiciary. To committee.
- **2019-05-31T07:00:00+00:00** From committee: Do pass. Declared an emergency measure under the Constitution. Read third time. Passed. Title approved. (Yeas: 40, Nays: 1, Vacant: 1.) To Senate. In Senate. To enrollment. `committee-passage`
- **2019-06-02T07:00:00+00:00** Enrolled and delivered to Governor. `executive-receipt`
- **2019-06-05T07:00:00+00:00** Approved by the Governor. Chapter 396. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/089b972a-e6d4-409c-bb3d-1342823cf8ce`. Confidence: reported (aggregated from official Nevada legislature records).