Nevada Statutes

§ 78A.200 — Effect of termination of status

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 78A Close· TERMINATION OF STATUS AS CLOSE CORPORATION
1.A corporation that terminates its status as a close corporation is subject to the provisions of chapter 78 of NRS.
2.Termination of the status of a close corporation does not affect any right of a shareholder or of the corporation under an agreement or the articles of incorporation unless invalidated by law.

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Legislative History

(Added to NRS by 1989, 946 )

Nearby Sections

15
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