NRS 78.230 Liability of holder of stock as collateral security; liability of executors, administrators, guardians and trustees.
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/nv/chapter-78-private-corporations/78-230·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 78.230 Liability of holder of stock as collateral security; liability of executors, administrators, guardians and trustees.
1. No person holding shares in any corporation as collateral security shall be personally liable as a stockholder.
2. No executor, administrator, guardian or trustee, unless he or she, without authorization, shall have voluntarily invested the trust funds in such shares, shall be personally liable as a stockholder, but the estate and funds in the hands of such executor, administrator, guardian or trustee shall be liable.