Effect of termination of status.
Nev. Rev. Stat. § 78A.200
in effect1. A corporation that terminates its status as a close corporation is subject to the provisions of chapter 78 of NRS.
2. Termination of the status of a close corporation does not affect any right of a shareholder or of the corporation under an agreement or the articles of incorporation unless invalidated by law.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-078A.htmlFetched: 10/4/2026
