Nevada Enacts Changes To Business Records and Notice Requirements

Allen Matkins
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Apparently, the State of Nevada takes seriously Judge Gideon J. Tucker’s observation that “no man’s life, liberty, or property are safe while the legislature is in session.” quoted in Lucas v. Mercantile-Safe Deposit & Trust Co., 29 Md. App. 633, 644 (Md. App. 1975).

So seriously that the Nevada constitution strictly limits the the length of legislative sessions. Pursuant to Article 4, § 2(2), the Nevada legislature meets biennially in odd number years. The legislative session, moreover, must end not later than midnight Pacific Standard Time 120 calendar days following the commencement of a session. In other words, the legislature has 2,880 hours (that’s 172,800 minutes) in which to complete its work.[1]

This being an odd-numbered year, the legislature duly convened on on February 7, 2011 at 11:01 a.m., and adjourned sine die on June 7, 2011, at 1:20 a.m. During this period the legislature enacted and Governor Sandoval approved SB 405.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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