1.  The powers, privileges, duties and restrictions conferred and imposed upon any corporation, company, association or natural person, existing and doing business under the laws of this State, are hereby abridged, enlarged or modified, as each particular case may require, to conform to the provisions of chapters 657 to 671, inclusive, of NRS, notwithstanding anything to the contrary in its respective articles of incorporation, articles of organization or charter.

Terms Used In Nevada Revised Statutes 657.105

  • 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.
  • 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

2.  As used in this section, ‘doing business under the laws of this State’ does not include the lending of money to a person who is not a resident of this State, whether or not the bank which extended the credit or serviced the loan is located in this State.

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