Nev. Rev. Stat. § 82.136
This is the official text of Nev. Rev. Stat. § 82.136, part of Nevada’s Rev. Stat — part of the compiled statutory law of Nevada, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Restrictions: Issuance of stock; pecuniary gain of members; distributions
Official statutory text
1. A corporation must not have or issue shares of stock.
2. A corporation must not be formed for a purpose involving pecuniary gain to its members.
3. A corporation must not distribute any gain, profits or dividends to any member, except as otherwise provided in this chapter or upon dissolution or final liquidation as provided in this chapter and in the corporation's articles and bylaws.
2. A corporation must not be formed for a purpose involving pecuniary gain to its members.
3. A corporation must not distribute any gain, profits or dividends to any member, except as otherwise provided in this chapter or upon dissolution or final liquidation as provided in this chapter and in the corporation's articles and bylaws.
Status: in_force · Read it on the official government site
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