Nevada Business Associations; Securities; Commodities
Sec. § 78A.200
Effect of termination of status.


1.

A corporation that terminates its status as a close corporation is subject to the provisions of chapter 78 of NRS.

2.

Termination of the status of a close corporation does not affect any right of a shareholder or of the corporation under an agreement or the articles of incorporation unless invalidated by law.
Source
Last accessed
Nov. 20, 2019