§ 661.135 Directors or managers: Number; selection
§ 661.145 Directors or managers: Qualifications
§ 661.165 Directors: Quarterly meetings and examination of books required; exemption
§ 661.185 Bonds of officers, managers and employees
§ 661.195 Liability of directors, managers, officers and other persons
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Terms Used In Nevada Revised Statutes > Chapter 661 > Management and Personnel

  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).