Nevada § 92A.150 - Approval of plan of merger, conversion or exchange for domestic limited-liability company
Full text of Nevada Nevada Revised Statutes § 92A.150 — Approval of plan of merger, conversion or exchange for domestic limited-liability company, with citation guidance and answers to common questions.
§ 92A.150. Approval of plan of merger, conversion or exchange for domestic limited-liability company
1. Unless otherwise provided in the articles of organization or an operating agreement: (a) A plan of merger, conversion or exchange involving a domestic limited-liability
company must be approved by a majority in interest of the members; and (b) If the company has more than one class of members, the plan of merger, conversion
or exchange must be approved by a majority in interest of the members in each class. 2. If any manager or member of a domestic limited-liability company, which will be
the constituent entity in a conversion, will have any liability for the obligations
of the resulting entity after the conversion because the manager or member will be
the owner of an owner's interest in the resulting entity, then that manager or member
must also approve the plan of conversion. 3. As used in this section, “in interest” has the meaning ascribed to it in NRS 86.055 .
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 92A.150
What does Nevada Revised Statutes § 92A.150 cover?
Section 92A.150 ("Approval of plan of merger, conversion or exchange for domestic limited-liability company") 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 § 92A.150?
A common citation format is "Nevada Revised Statutes § 92A.150" (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 § 92A.150 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.