Nevada Revised Statutes Title 7. Business Associations; Securities; Commodities § 78.230. Liability of holder of stock as collateral security; liability of executors, administrators, guardians and trustees

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.