NRS 35.150
Judgment against corporation

  • dissolution or restraint.

When, in any such action, it is found and adjudged that a corporation has, by an act done or omitted, surrendered or forfeited its corporate rights, privileges or franchises, or has not used the same during a term of 2 years, judgment shall be entered that it be ousted and excluded therefrom, and that it be dissolved; and when it is found and adjudged that a corporation has offended in any matter or manner which does not work such surrender or forfeiture or has misused a franchise, or exercised a power not conferred by law, judgment shall be entered that it be enjoined from the continuance of such offense or the exercise of such power.

Source: Section 35.150 — Judgment against corporation; dissolution or restraint., https://www.­leg.­state.­nv.­us/NRS/NRS-035.­html#NRS035Sec150.

Last Updated

Feb. 5, 2021

§ 35.150’s source at nv​.us