Nevada Statutes

§ 78.050 — Commencement of corporate existence

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 78 Private· FORMATION
1.Upon the filing of the articles of incorporation pursuant to NRS 78.030 and the payment of the filing fees, the Secretary of State shall issue to the corporation a certificate that the articles, containing the required statement of facts, have been filed. From the date the articles are filed, the corporation is a body corporate, by the name set forth in the articles of incorporation, subject to the forfeiture of its charter or dissolution as provided in this chapter.
2.Neither an incorporator nor a director designated in the articles of incorporation thereby becomes a subscriber or stockholder of the corporation.
3.The filing of the articles of incorporation does not, by itself, constitute commencement of business by the corporation.

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Legislative History

[Part 5:177:1925; NCL § 1604]—(NRS A 1989, 948 ; 1991, 1211 ; 1993, 946 ; 2007, 2641 )

Nearby Sections

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