Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES |
CHAPTER82. Nonprofit Corporations |
MEMBERS |
NRS82.256. Purchase of membership by corporation.
Latest version.
- If authorized in its articles or bylaws, a corporation may buy the membership of a member who resigns or whose membership is terminated, for the amount and pursuant to the conditions in the articles or bylaws.
(Added to NRS by 1991, 1272)