Nev. Rev. Stat. § 78.060

General powers

Find cases: SyfertCases citing this section NRSleg.state.nv.us (official) Justiaon Justia CornellLII Search CasesGoogle Scholar
NRS 78.060  General powers.

      1.  Any corporation organized under the provisions of this chapter:

      (a) Has all the rights, privileges and powers conferred by this chapter.

      (b) Has such rights, privileges and powers as may be conferred upon corporations by any other existing law.

      (c) May at any time exercise those rights, privileges and powers, when not inconsistent with the provisions of this chapter, or with the purposes and objects for which the corporation is organized.

      (d) Unless otherwise provided in its articles, has perpetual existence.

      2.  Every corporation, by virtue of its existence as such, is entitled:

      (a) To have succession by its corporate name until dissolved and its affairs are wound up according to law.

      (b) To sue and be sued in any court of law or equity.

      (c) To make contracts.

      (d) To appoint such officers and agents as the affairs of the corporation require, and to allow them suitable compensation.

      (e) To make bylaws not inconsistent with the Constitution or laws of the United States, or of this State, for the management, regulation and government of its affairs and property, the transfer of its stock, the transaction of its business, and the calling and holding of meetings of its stockholders.

      (f) To wind up and dissolve itself, or be wound up or dissolved, in the manner mentioned in this chapter.

      (g) Unless otherwise provided in the articles, to engage in any lawful activity.

      [Part 8:177:1925; NCL § 1607] + [91:177:1925; NCL § 1690]—(NRS A 1969, 99; 1991, 1211; 2003, 3079)

     

Notes of Decisions
Cited in 2 cases, 2014–2019 · leading case: Anglo-Dutch Petroleum International, Inc. v. Case Funding Network, LP
Anglo-Dutch Petroleum International, Inc. v. Case Funding Network, LP (2014) texapp “” Nev.Rev.Stat. Ann. §§ 78.060, 78.585 (West 2013).”
Bd. of Trs. of the Painters & Floorcoverers Joint Comm. v. Super Structures Inc. (2019) nvd “" See NRS 78.060(2)(a), (f). These statutes do not, as Defendants argue, categorically immunize SS2 from liability for SS1's acts or omissions.”
— Nev. Rev. Stat. § 78.060(2)(a) — 1 case
Bd. of Trs. of the Painters & Floorcoverers Joint Comm. v. Super Structures Inc. (2019) nvd “" See NRS 78.060(2)(a), (f). These statutes do not, as Defendants argue, categorically immunize SS2 from liability for SS1's acts or omissions.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.