Nev. Rev. Stat. § 78A.170

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 78A.170 - Time of termination of status

A close corporation is subject to the provisions of this chapter until:

1. The corporation files with the Secretary of State a certificate of amendment deleting from the articles of incorporation the provisions required or permitted by NRS 78A.020, to be stated in the articles of incorporation; or

2. A provision or condition required or permitted by NRS 78A.020 to be stated in the articles of incorporation has been breached and the corporation or any stockholder has not acted pursuant to NRS 78A.190 to prevent the loss of status or remedy the breach.

NRS 78A.170

Added to NRS by 1989, 941; A 2015, 3238

Amended by 2015, Ch. 514,§29, eff. 10/1/2015.

Added to NRS by 1989, 941