Terms of local directors terminate and local board dissolved if proposal fails.

Nev. Rev. Stat. § 539.387
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
If such election fails of the required two-thirds vote of the electors of the division, the terms of office of the local directors shall thereupon terminate and the local board shall be dissolved.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-539.htmlFetched: 10/4/2026

Starting a business in Nevada? Nevada LLC guide: costs and requirements