Liability of holder of stock as collateral security; liability of executors, administrators, guardians and trustees.

Nev. Rev. Stat. § 78.230
in effect
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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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-078.htmlFetched: 10/4/2026

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