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.
(Added to NRS by 1989, 946)
Structure Nevada Revised Statutes
Chapter 78A - Close Corporations
NRS 78A.010 - Applicability of chapter.
NRS 78A.013 - Form required for filing of records.
NRS 78A.015 - Filing of records written in language other than English.
NRS 78A.017 - Cancellation of filings.
NRS 78A.020 - Filing requirements; required and optional provisions of articles of incorporation.
NRS 78A.030 - Procedure for existing corporation to become close corporation.
NRS 78A.050 - Transfer of shares prohibited; exceptions.
NRS 78A.060 - Effect of attempt to transfer shares in violation of prohibition.
NRS 78A.070 - Shareholders’ agreements: Authority to enter; effect; amendment.
NRS 78A.080 - Shareholders’ agreements: Validity.
NRS 78A.090 - Operation without board of directors; elimination and reinstatement of board.
NRS 78A.110 - Records signed, acknowledged or verified by person acting in more than one capacity.
NRS 78A.120 - Limitation on liability of shareholders.
NRS 78A.130 - Merger or share exchange; sale, lease or exchange of assets.
NRS 78A.140 - Appointment of custodian, receiver or provisional director.
NRS 78A.170 - Time of termination of status.
NRS 78A.180 - Voluntary termination of status.
NRS 78A.190 - Involuntary termination of status; intervention by court.