Nevada Revised Statutes

Nev. Rev. Stat. § 396.7994 (2026)

Status of nonprofit corporation on formation

✓ current as of July 2026
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NRS 396.7994  Status of nonprofit corporation on formation.  Such a nonprofit corporation, upon its formation, is:

      1.  A corporate agency of the System and the Board of Regents;

      2.  A body corporate and politic; and

      3.  A political subdivision of this state.

      (Added to NRS by 1968, 3; A 1969, 1448; 1993, 357)

     

Notes of Decisions
Cited in 2 cases, 2006–2006 · leading case: Simonian v. Univ. & Cmty. Coll. Sys. of Nevada, 128 P.3d 1057 (Nev. 2006).
Simonian v. Univ. & Cmty. Coll. Sys. of Nevada, 128 P.3d 1057 (Nev. 2006). “25 (noting that the university securities law, while defining the Board of Regents and the University of Nevada as political subdivisions, is specific only to those provisions); NRS 396.7994, 396.803 (providing that any nonprofit corporation formed by the Board of Regents for…”
Simonian v. Univ. & Cmty. Coll. Sys., 128 P.3d 1057 (Nev. 2006). “25 (noting that the university securities law, while defining the Board of Regents and the University of Nevada as political subdivisions, is specific only to those provisions); NRS 396.7994, 396.803 (providing that any nonprofit corporation formed by the Board of Regents for…”
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