Nevada Revised Statutes 78.427 – ‘Resident domestic corporation’ defined
Current as of: 2022 | Check for updates
|
Other versions
1. ’Resident domestic corporation‘ is limited to a domestic corporation that has 200 or more stockholders of record.
Terms Used In Nevada Revised Statutes 78.427
- 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.
2. A resident domestic corporation does not cease to be a resident domestic corporation by reason of events occurring or actions taken while the resident domestic corporation is subject to NRS 78.411 to 78.444, inclusive.