NRS 693B.050
Emergency board of directors: Numbers

authorized action.

If three or more directors or acting directors of any domestic organization are present at any meeting of its board duly convened during an acute emergency affecting such domestic organization, they shall constitute its emergency board of directors which, notwithstanding any contrary provision of law or of its charter, may, subject to the limitation prescribed in this chapter, by a majority of those present, take any action which may be necessary to enable such domestic organization to meet the exigencies of the acute emergency and conduct its business during such period.

Source: Section 693B.050 — Emergency board of directors: Numbers; authorized action., https://www.leg.state.nv.us/NRS/NRS-693B.html#NRS693BSec050.

693B.010
Definitions. 693B.020
Adoption of bylaws for emergency: Procedure 693B.030
Change of location of principal office 693B.040
Board meetings: Call 693B.050
Emergency board of directors: Numbers 693B.060
Emergency board of directors: Powers. 693B.070
Commissioner to be notified of meetings of emergency board of directors. 693B.080
Acting directors: Qualifications 693B.090
Acting directors: Powers 693B.100
Acting officers: Powers, duties and compensation. 693B.110
Designation of acting directors by Commissioner. 693B.120
Power of Commissioner to resolve controversy concerning actions of emergency board of directors. 693B.130
Commissioner may declare certain provisions of law operative and inoperative 693B.140
Commissioner may take possession of business and property of organizations. 693B.150
Commissioner to exercise powers only if court not available to make necessary orders 693B.160
Presumption of acute emergency 693B.170
Effect of chapter on organization’s power and on foreign and alien companies.

Last Updated

Feb. 5, 2021

§ 693B.050’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_693b.050

Original Source: Section 693B.050 — Emergency board of directors: Numbers; authorized action., https://www.leg.state.nv.us/NRS/NRS-693B.html#NRS693BSec050 (last accessed Feb. 5, 2021).