Nevada Revised Statutes 81.040 – Articles of incorporation: Required provisions
Each corporation formed under NRS 81.010 to 81.160, inclusive, must prepare and file articles of incorporation in writing, setting forth:
Terms Used In Nevada Revised Statutes 81.040
- 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.
1. The name of the corporation, which must contain the word ‘Cooperative’ or ‘Co-op’ or the abbreviation ‘N.C.C.’
2. The purpose for which it is formed.
3. The information required pursuant to NRS 77.310.
4. The term for which it is to exist, which may be perpetual.
5. If formed with stock, the amount of its stock and the number and par value, if any, and the shares into which it is divided, and the amount of common and of preferred stock that may be issued with the preferences, privileges, voting rights, restrictions and qualifications pertaining thereto.
6. The names and addresses of those selected to act as directors, not less than three, for the first year or until their successors have been elected and have accepted office.
7. Whether the property rights and interest of each member are equal or unequal, and if unequal the articles must set forth a general rule applicable to all members by which the property rights and interests of each member may be determined, but the corporation may admit new members who may vote and share in the property of the corporation with the old members, in accordance with the general rule.
8. The name and mailing or street address, either residence or business, of each of the incorporators signing the articles of incorporation.