Nev. Rev. Stat. » NRS: CHAPTER 80 - FOREIGN CORPORATIONS
Nevada Revised Statutes

Nev. Rev. Stat. § 80.150 (2026)

Defaulting corporations: Identification; forfeiture of right to transact business; penalty

✓ current as of July 2026
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NRS 80.150  Defaulting corporations: Identification; forfeiture of right to transact business; penalty.

      1.  Any corporation which is required to make a filing and pay the fee prescribed in NRS 80.110 to 80.175, inclusive, and which refuses or neglects to do so within the time provided is in default.

      2.  For default there must be added to the amount of the fee a penalty of $75, and unless the filing is made and the fee and penalty are paid on or before the last day of the month in which the anniversary date of incorporation occurs in which filing was required, the defaulting corporation by reason of its default forfeits its right to transact any business within this State. The fee and penalty must be collected as provided in this chapter.

      [4:180:1925; A 1931, 408; 1931 NCL § 1807]—(NRS A 1977, 407; 1979, 186; 1983, 694; 1985, 235; 1989, 982; 1993, 984; 1995, 1118; 2001, 3179; 2003, 930; 2003, 20th Special Session, 46)

     

Notes of Decisions
Cited in 2 cases, 1989–2002 · leading case: Basf Corp. v. Jafbros, Inc., 771 P.2d 161 (Nev. 1989).
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Basf Corp. v. Jafbros, Inc., 771 P.2d 161 (Nev. 1989). “NRS 80.150. Jafbros argues that Basfs non-compliance makes setting aside the default judgment inequitable.”
Resort at Summerlin, L.P. v. Eighth Jud. Dist. Court of the State of Nevada, 40 P.3d 432 (Nev. 2002). · cites it 2× “NRS 80.150 sets forth the penalty for a foreign corporation if it fails to comply with the annual reporting requirement and fee schedule set forth in NRS 80.”
— Nev. Rev. Stat. § 80.150(2) — 1 case
Resort at Summerlin, L.P. v. Eighth Jud. Dist. Court of the State of Nevada, 40 P.3d 432 (Nev. 2002). “NRS 80.150 sets forth the penalty for a foreign corporation if it fails to comply with the annual reporting requirement and fee schedule set forth in NRS 80.”
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