Nevada § 91.250 - Liability of principals and agents

§ 91.250. Liability of principals and agents

1. The act, omission, or failure of any officer, agent or other person acting for

any natural person, association, partnership, corporation or trust within the scope

of his or her employment or office shall be deemed the act, omission or failure of

the natural person, association, partnership, corporation or trust, as well as of

the officer, agent or other person. 2. Every person who directly or indirectly controls another person liable under any

provision of this chapter, every partner, officer or director of the liable person,

every person occupying a similar status or performing similar functions as the liable

person and every employee of the liable person who materially aids in the violation

is also liable jointly and severally with and to the same extent as the liable person,

unless the person who is also liable by virtue of this provision sustains the burden

of proof that he or she did not know, and in exercise of reasonable care could not

have known, of the existence of the facts by reason of which the liability is alleged

to exist.