Nev. Rev. Stat. » NRS: CHAPTER 78 - PRIVATE CORPORATIONS

Nev. Rev. Stat. § 78.037

Articles of incorporation: Optional provisions

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NRS 78.037  Articles of incorporation: Optional provisions.  The articles of incorporation may also contain any provision, not contrary to the laws of this State:

      1.  For the management of the business and for the conduct of the affairs of the corporation;

      2.  Creating, defining, limiting or regulating the powers of the corporation or the rights, powers or duties of the directors, the officers or the stockholders, or any class of the stockholders, or the holders of bonds or other obligations of the corporation; or

      3.  Governing the distribution or division of the profits of the corporation.

      (Added to NRS by 1987, 80; A 1991, 1210; 1993, 945; 2001, 3171)

     

Notes of Decisions
Cited in 1 case, 2006–2006 · leading case: Shoen v. SAC Holding Corp.
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Shoen v. SAC Holding Corp. (2006) nev · cites it 2× “035 (listing the items that articles of incorporation must contain, and excluding any definition of corporate purpose from that list); NRS 78.037 (governing optional provisions, including limitations of corporate powers, that may be placed in the articles of incorporation).”
— Nev. Rev. Stat. § 78.037(1) — 1 case
Shoen v. SAC Holding Corp. (2006) nev “035 (listing the items that articles of incorporation must contain, and excluding any definition of corporate purpose from that list); NRS 78.037 (governing optional provisions, including limitations of corporate powers, that may be placed in the articles of incorporation).”
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