News & Analysis as of September 17, 2024

Business Licenses

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When A California Corporation Converts To A California Limited Liability Company, What Happens To Its Nevada Business License?

Allen Matkins on 5/23/2024

NRS 107.028(1)(d) requires that a trustee under a deed of trust be a "domestic or foreign entity which holds a current state business license issued by the Secretary of State pursuant to chapter 76 of NRS". In Mahban v....more

Nevada Supreme Court Holds Conversion Vests Converting Corporation's Nevada Business License In Converted LLC

Allen Matkins on 3/17/2023

NRS 107.028 lists a number of different categories of persons who may serve as trustee under a deed of trust. One category is domestic or foreign entity which holds a current state business license issued by the Secretary of...more

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Board of Directors › California › Business Licenses

When A California Corporation Converts To A California Limited Liability Company, What Happens To Its Nevada Business License?

Nevada Supreme Court Holds Conversion Vests Converting Corporation's Nevada Business License In Converted LLC

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