Nevada Statutes

§ 82.231 — Powers of corporation; classes, qualifications and rights of members; term of membership

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 82 Nonprofit· MEMBERS

1. A corporation may have one or more classes of members or may have no members. In the absence of a provision in its articles or bylaws providing for members, a corporation has no members. 2. A corporation may admit any person as a member. The articles or bylaws may establish criteria or procedures for admission. A person may not be admitted as a member without his or her express or implied consent. For the purposes of this subsection and unless otherwise provided in a corporation’s articles or bylaws, consent includes, but is not limited to:

(a)Contracting for or acceptance of products or services from the corporation;
(b)Acceptance of benefits of membership knowing that the benefits are available only to members; or
(c)Taking some other affirmative action that confers benefits of mem

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Legislative History

(Added to NRS by 1991, 1270 )

Nearby Sections

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