Nevada § 41.480 - Imposition of liability; conditions and limitations on actions based on acts and omissions of officers or directors
Full text of Nevada Nevada Revised Statutes § 41.480 — Imposition of liability; conditions and limitations on actions based on acts and omissions of officers or directors, with citation guidance and answers to common questions.
§ 41.480. Imposition of liability; conditions and limitations on actions based on acts and omissions of officers or directors
1. Except as otherwise provided in NRS 41.519 , a nonprofit corporation, association or organization formed under the laws of this
State is not immune from liability for the injury or damage caused any person, firm
or corporation as a result of the negligent or wrongful act of the nonprofit corporation,
association or organization, or its agents, employees or servants acting within the
scope of their agency or employment. 2. No action may be brought against an officer, trustee, director or other possessor
of the corporate powers of a nonprofit association or trust formed under the laws
of this State based on any act or omission arising from failure in his or her official
capacity to exercise due care regarding the management or operation of the entity
unless the act or omission involves intentional misconduct, fraud or a knowing violation
of the law.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 41.480
What does Nevada Revised Statutes § 41.480 cover?
Section 41.480 ("Imposition of liability; conditions and limitations on actions based on acts and omissions of officers or directors") 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 § 41.480?
A common citation format is "Nevada Revised Statutes § 41.480" (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 § 41.480 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.