Nevada § 673.211 Removal of director for cause

Nevada Statutes

§ 673.211 — Removal of director for cause

Nevada § 673.211

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 673Savings

OFFICERS, DIRECTORS, EMPLOYEES AND CAPITAL STOCKHOLDERS

This text of Nevada § 673.211 (Removal of director for cause) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 673.211 (2026).

Text

1.Any director may be removed from office, if he or she has become ineligible pursuant to NRS 673.209 , by an affirmative vote of two-thirds of the members of the board of directors at any regular meeting of the board of directors or at any special meeting called for that purpose. Such action shall be ratified at the next meeting of the stockholders.

2.No such vote upon removal of a director may be taken until he or she has been advised of the reasons therefor and has had opportunity to submit to the board of directors his or her statement relative thereto, either oral or written. If the director affected is present at the meeting, he or she shall retire after his or her statement has been submitted and prior to the vote upon the matter of his or her removal.

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1. Any director may be removed from office, if he or she has become ineligible pursuant to NRS 673.209 , by an affirmative vote of two-thirds of the members of the board of directors at any regular meeting of the board of directors or at any special meeting called for that purpose. Such action shall be ratified at the next meeting of the stockholders.
2. No such vote upon removal of a director may be taken until he or she has been advised of the reasons therefor and has had opportunity to submit to the board of directors his or her statement relative thereto, either oral or written. If the director affected is present at the meeting, he or she shall retire after his or her statement has been submitted and prior to the vote upon the matter of his or her removal.