Nevada Statutes

§ 82.296 — Directors: Removal; filling of vacancies

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 82 Nonprofit· MEETINGS, ELECTIONS, VOTING AND NOTICE

1. Any director may be removed from office by the vote of members, if any, representing not less than a majority of the voting power of the members entitled to vote for the election of the director being removed or a majority of the voting power of the members entitled to vote for delegates who vote for the election of the director being removed, but:

(a)In case of corporations which have provided in their articles or bylaws for the election of directors by cumulative voting, no director may be removed from office under the provisions of this section except upon the vote of members holding sufficient voting power to have prevented the director’s election to office in the first instance; and
(b)The articles or bylaws may require the concurrence of a larger percentage of the members entitl

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Legislative History

(Added to NRS by 1991, 1274 )

Nearby Sections

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