Nevada § 693B.080 Acting directors: Qualifications; oaths not required

Nevada Statutes

§ 693B.080 — Acting directors: Qualifications; oaths not required

Nevada § 693B.080

Title 57INSURANCE

Ch. 693BContinuity

This text of Nevada § 693B.080 (Acting directors: Qualifications; oaths not required) 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. § 693B.080 (2026).

Text

No person prohibited by law or by the charter of a domestic organization from serving as a member of its board shall be eligible to serve as an acting director except that no person shall be disqualified to serve as an acting director by reason of not being a stockholder, policyholder or member of such organization, by reason of not being a resident of this state or of a contiguous state, or by reason of the number of the directors or acting directors who are officers, acting officers or employees of the organization. Any person may serve as an acting director of a fund who is a director, acting director, officer or acting officer of an organization which is party to the agreement creating the fund. No oath of acting directors shall be required.

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No person prohibited by law or by the charter of a domestic organization from serving as a member of its board shall be eligible to serve as an acting director except that no person shall be disqualified to serve as an acting director by reason of not being a stockholder, policyholder or member of such organization, by reason of not being a resident of this state or of a contiguous state, or by reason of the number of the directors or acting directors who are officers, acting officers or employees of the organization. Any person may serve as an acting director of a fund who is a director, acting director, officer or acting officer of an organization which is party to the agreement creating the fund. No oath of acting directors shall be required.