Nevada Administrative Code Chapter 78 - Private Corporations
Nevada Administrative Code (NAC) Chapter 78 — Private Corporations provides the administrative regulations related to private corporations in Nevada. These regulations complement the Nevada Revised Statutes (NRS) Chapter 78, which primarily governs the formation, organization, and operation of private corporations in the state.
🔹 Key Points about NAC Chapter 78:
As of now, NAC Chapter 78 contains very limited or no adopted regulations. This is because most of the substantive rules and procedures for private corporations are codified in NRS Chapter 78, and the Secretary of State’s Office administers and enforces these laws without needing detailed supplementary administrative regulations under NAC.
🔹 Related Statutory Authority:
NRS Chapter 78 — Governs:
Formation of private corporations
Articles of incorporation
Corporate governance (e.g., board of directors, officers)
Shareholder rights
Mergers, conversions, and dissolutions
Reporting and compliance requirements
🔹 Secretary of State's Role:
Filing of corporate documents
Issuing certificates of incorporation and good standing
Maintaining records on the state’s business portal: SilverFlume
🔸 If You're Looking for Specific Topics:
Here are common areas found in NRS Chapter 78 rather than NAC:
| Topic | Statutory Reference |
|---|---|
| Corporate Formation | NRS 78.030–78.070 |
| Powers of Corporations | NRS 78.070–78.090 |
| Stock and Dividends | NRS 78.195–78.215 |
| Directors and Officers | NRS 78.115–78.140 |
| Mergers and Conversions | NRS 78.441–78.487 |
| Dissolution | NRS 78.580–78.625 |
RELATED Blog
0 comments