Nevada Revised Statutes 82.301 – Effect of failure to elect director on designated day
Current as of: 2023 | Check for updates
|
Other versions
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.
Terms Used In Nevada Revised Statutes 82.301
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.