Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES |
CHAPTER82. Nonprofit Corporations |
MEETINGS, ELECTIONS, VOTING AND NOTICE |
NRS82.301. Effect of failure to elect director on designated day.
Latest version.
- If the directors are not elected on the day designated for the purpose, the corporation is not for that reason dissolved, but every director continues to hold office and shall discharge the duties of a director until a successor has been elected.
(Added to NRS by 1991, 1275)