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Code · Nevada · CHAPTER 78A - CLOSE CORPORATIONS

NRS 78A.200 Effect of termination of status.

61 words·~1 min read·/nv/chapter-78a-close-corporations/78a-200·

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NRS 78A.200 Effect of termination of status.
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.
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