Nevada Administrative Code Chapter 78A - Close Corporations
Here’s what I found on Nevada Administrative Code (NAC) Chapter 78A – Close Corporations:
📘 NAC §78A.005 – Electronic Filing of Records
The only section in NAC Chapter 78A explicitly governs administrative rules, and it authorizes the Secretary of State to develop or approve electronic filing procedures for records that close corporations are authorized or required to file. (leg.state.nv.us)
📄 Related Statutory Framework (NRS Chapter 78A)
NAC Chapter 78A supports the broader Nevada Revised Statutes (NRS) Chapter 78A, which defines the substantive rules for close corporations, such as:
Formation
Election to become a close corporation (§ 78A.020)
Process for converting an existing corporation (§ 78A.030) (law.justia.com)
Operations and Governance
Share restrictions (§ 78A.040–.060)
Shareholders’ agreements (§ 78A.070–.080) – including elimination of board of directors (law.justia.com)
Meetings, records, liability limits, dissolution options, etc. (§ 78A.090–.160, .170–.200) (law.justia.com)
🔍 Why NAC §78A.005 Matters
NAC §78A.005 gives legal authority for the Secretary of State to establish how close corporations can file their documents electronically—streamlining compliance and making it easier to use modern filing systems. This is the primary regulatory provision in Chapter 78A of the Administrative Code.
✅ Summary
NAC Chapter 78A has only one administrative regulation: § 78A.005, which enables e‑filing.
All substantive rules—like governance, shareholder rights, and corporate conversion—are contained in NRS Chapter 78A.
For legal practice or compliance, you’ll follow NRS for core rules, with NAC § 78A.005 guiding how filings are submitted.
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