Like any end to a relationship, ending a business partnership can be difficult and complicated. Without the proper legal structure set in place, this can turn into a huge burden on top of an already challenging situation. You’ll want to make sure this final...
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Business Law
Member Managed Vs. Manager Managed LLC
There are many decisions to be made when forming a Nevada LLC. One is deciding whether to operate as a member managed or manager managed LLC. This information is submitted to the Nevada Secretary of State during the formation of the LLC and thus the LLC will be expected to operate accordingly.
When to Register a Nevada Trademark
Protecting your business’ intellectual property should be one of your top priorities when starting a business. It provides your company with security and a competitive advantage. Anyone creating a business in Nevada will have to register the name of the company with...
Short-Term Rentals in Nevada (Starting July 1, 2022)
*An update to this blog topic can be found here: https://www.leahmartinlaw.com/blog/2022/12/update-on-las-vegas-short-term-rentals-2022/ --- With the passing of Assembly Bill 363, counties and cities in Clark County, Nevada will be required to have laws...
Employer Guidelines during COVID-19 in Nevada
The rights and responsibilities of employers and employees during COVID-19 continue to evolve, it is important for businesses to adapt while protecting their operations and employees. Promptly and frequently adjusting your business’s procedures to ensure you’re...
Corporate Minutes in Nevada
Creating and maintaining records is an important part of following proper corporate formalities. Corporations and LLCs must file Articles of Incorporation or Articles of Organization with the Nevada Secretary of State and maintain all records, minutes, etc., as required by law. One of the key reasons to regularly maintain corporate minutes is to ensure the corporation follows proper and ethical procedures in accordance with your organization’s bylaws.
What To Know About Assembly Bill 47 and Non-Compete Agreements in Nevada
The Nevada Governor recently signed Assembly Bill 47, which amends Nevada’s statute governing noncompetition agreements (NRS 613.195). Employers should be aware of the changes to the law, especially those with noncompete agreements, which will go into effect on October 1, 2021.
Nevada Business Reinstatements
You just found out that your Nevada entity is in default, revoked, or permanently revoked. How do you get your business back in good standing with the Secretary of State? To check your entity’s status with the Secretary of State, you may…
Should You Consider Splitting Your Business?
A business owner can have multiple businesses under one LLC but when is the right time to split them into multiple LLCs? Yes, it’s more bookkeeping than you might otherwise need to do. Taxes will have to be filed for each LLC, rather than…
Protecting Your Home’s Equity with A Homestead
Nevada homeowners should embrace the protections Nevada Homestead Law offers and protect their equity. The Nevada Homestead Law is designed to protect homeowners from entirely losing the equity of their homes. Generally, a homeowner may claim homestead protection for...
