“Liability” defined.

Nev. Rev. Stat. § 353.3087
in effect
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“Liability” means a debt or other legal obligation arising out of a transaction in the past which must be liquidated, renewed or refunded at some future date.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-353.htmlFetched: 10/4/2026
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-353.htmlFetched: 6/28/2026

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