Nevada Revised Statutes 396.7994 – Status of nonprofit corporation on formation
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Such a nonprofit corporation, upon its formation, is:
Terms Used In Nevada Revised Statutes 396.7994
- Board of Regents: means the Board of Regents of the University of Nevada. See Nevada Revised Statutes 396.005
- 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.
- System: means the Nevada System of Higher Education. See Nevada Revised Statutes 396.005
1. A corporate agency of the System and the Board of Regents;
2. A body corporate and politic; and
3. A political subdivision of this state.