Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES |
CHAPTER78. Private Corporations |
MEETINGS, ELECTIONS, VOTING AND NOTICE |
NRS78.340. Failure to hold election of directors on regular day does not dissolve corporation.
Latest version.
- If the directors shall not be elected on the day designated for the purpose, the corporation shall not for that reason be dissolved; but every director shall continue to hold office and discharge the duties of a director until a successor has been elected.
[34:177:1925; NCL § 1633]