Procedure for existing corporation to become close corporation.
Nev. Rev. Stat. § 78A.030
in effect1. Any corporation organized under chapter 78 of NRS may become a close corporation pursuant to this chapter by signing, filing and recording, in accordance with NRS 78.390 , a certificate of amendment of the articles of incorporation which must:
(a) Contain a statement that the corporation elects to become a close corporation; and
(b) Meet the requirements of paragraph (a) of subsection 2 of NRS 78A.020 .
2. Except as otherwise provided in subsection 3, the amendment must be adopted in accordance with the requirements of NRS 78.380 or 78.390 .
3. If an amendment is adopted in accordance with the requirements of NRS 78.390 , it must be approved by a vote of the holders of record of at least two-thirds of the shares of each class of stock of the corporation that are outstanding and entitled to vote, unless the articles of incorporation or bylaws require approval by a greater proportion.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-078A.htmlFetched: 10/4/2026