Nevada § 49.205 - Exceptions
Full text of Nevada Nevada Revised Statutes § 49.205 — Exceptions, with citation guidance and answers to common questions.
§ 49.205. Exceptions
There is no privilege under NRS 49.185 or 49.195 : 1. If the services of the accountant were sought or obtained to enable or aid anyone
to commit or plan to commit what the client knew or reasonably should have known to
be a crime or fraud. 2. As to a communication relevant to an issue between parties who claim through the
same deceased client, regardless of whether the claims are by testate or intestate
succession or by inter vivos transaction. 3. As to a communication relevant to an issue of breach of duty by the accountant
to his or her client or by the client to his or her accountant. 4. As to a communication relevant to an issue concerning the examination, audit or
report of any financial statements, books, records or accounts which the accountant
may be engaged to make or requested by a prospective client to discuss for the purpose
of making a public report. 5. As to a communication relevant to a matter of common interest between two or more
clients if the communication was made by any of them to an accountant retained or
consulted in common, when offered in an action between any of the clients. 6. As to a communication between a corporation and its accountant: (a) In an action by a shareholder against the corporation which is based upon a breach
of fiduciary duty; or (b) In a derivative action by a shareholder on behalf of the corporation.
Frequently Asked Questions About Nevada § 49.205
What does Nevada Revised Statutes § 49.205 cover?
Section 49.205 ("Exceptions") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 49.205?
A common citation format is "Nevada Revised Statutes § 49.205" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 49.205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.