Senate Concurrent Resolution No. 19–Committee on Judiciary

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Whereas, The State of Nevada is recognized for its achievements in

establishing and maintaining an attractive climate for business entities to

organize and conduct business; and

Whereas, The State of Nevada has a vital interest in ensuring that

business entities continue to enjoy the benefits of organizing and

conducting business in this state; and

Whereas, A comprehensive assessment of the possible methods to

encourage corporations and other business entities to organize and conduct

business in this state would be beneficial in maintaining and improving the

attractive climate for business entities that exists in this state; and

Whereas, A comprehensive assessment should include a review of

methods that have helped other states to become more user-friendly to

business entities, such as the reduction of certain administrative fees, the

expanded use of available technology and the extension of the hours of

operation of the Office of the Secretary of State; and

Whereas, The establishment of a court of limited jurisdiction to resolve

litigation and contractual disputes relating to business entities may promote

greater specialization among judges, may ensure that cases and disputes are

heard by judges with experience and expertise in complex corporate and

fiduciary matters, may contribute to the development and stability of

corporate and business law and may ensure consistency in the disposition

of cases and disputes involving business entities; now, therefore, be it

Resolved by the Senate of the State of Nevada, the Assembly

Concurring, That the Legislative Commission is hereby directed to

appoint a subcommittee consisting of legislators to conduct an interim

study of methods to encourage corporations and other business entities to

organize and conduct business in this state; and be it further

Resolved, That, in addition to the subcommittee, the Legislative

Commission shall appoint an advisory committee to assist the

subcommittee, which must include, without limitation:

1. One representative from the Office of the Secretary of State;

2. One representative from the Commission on Economic

Development; and

3. One representative from the Business Law Section of the State Bar

of Nevada; and be it further

Resolved, That the study must include, without limitation, a

comprehensive assessment of:

1. Whether any laws concerning business entities should be revised to

facilitate the organization of business entities in this state and the

conducting of business by business entities in this state;

2. The administrative fees charged to business entities who organize or

conduct business in this state;

3. The need for expanded use of technology, including, without

limitation, electronic filing of documents, to assist the Office of the

Secretary of State in maintaining a high level of service for business

entities;

4. Whether the hours of operation of the Office of the Secretary of

State should be extended; and

5. Whether a court of limited jurisdiction should be established to

resolve litigation and contractual disputes relating to business entities, and

the possible organization of such a court, including, without limitation:

(a) The jurisdiction of such a court;

(b) The manner in which the judges for the court would be selected if

such a court were to be established in this state and the qualifications

required for such judges; and

(c) The development of a proposed structure and administration for the

court, with consideration given to caseloads, facilities and personnel

required for the operation of the court and consideration given to the

possible effects on the operation and organization of the other courts in this

state; and be it further

Resolved, That no action may be taken by the subcommittee on

recommended legislation unless it receives a majority vote of the Senators

on the subcommittee and a majority vote of the Assemblymen on the

subcommittee; and be it further

Resolved, That the Legislative Commission submit a report of the

results of the study and any recommended legislation to the 71st session of

the Nevada Legislature.

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