Nevada § 81.941 Personal notice of meeting consisting only of members; authority to veto decision made at meeting for which notice was not received

Nevada Statutes

§ 81.941 — Personal notice of meeting consisting only of members; authority to veto decision made at meeting for which notice was not received

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 81 Miscellaneous· Meetings

1. Before a meeting consisting of only members, personal notice must be given to each member not less than 48 hours before the meeting. Such notice must be provided to each member who, on the record date, is entitled to vote. 2. Any decision made at a meeting held pursuant to subsection 1 may be vetoed by a member who:

(a)Was not present at the meeting; and

(b)Did not receive 48 hours’ notice, Ê unless a majority of the members or another percentage of the members as specified in the articles of incorporation or the bylaws of the worker cooperative were present at the meeting.

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1. Before a meeting consisting of only members, personal notice must be given to each member not less than 48 hours before the meeting. Such notice must be provided to each member who, on the record date, is entitled to vote.
2. Any decision made at a meeting held pursuant to subsection 1 may be vetoed by a member who:
(a) Was not present at the meeting; and
(b) Did not receive 48 hours’ notice,
Ê unless a majority of the members or another percentage of the members as specified in the articles of incorporation or the bylaws of the worker cooperative were present at the meeting.

Nevada § 81.941 (Personal notice of meeting consisting only of members; authority to veto decision made at meeting for which notice was not received) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.