Nevada Code § 78.385

Scope of amendments
Open in Lexace · Ask the AI about this section
1. Any corporation may amend its articles
of incorporation in any of the following respects:
(a) By addition to its corporate powers and
purposes, or diminution thereof, or both.
(b) By substitution of other powers and purposes,
in whole or in part, for those prescribed by its articles of incorporation.
(c) By increasing, decreasing or reclassifying
its authorized stock, by changing the number, par value, preferences, or
relative, participating, optional or other rights, or the qualifications,
limitations or restrictions of such rights, of its shares, or of any class or
series of any class thereof whether or not the shares are outstanding at the
time of the amendment, or by changing shares with par value, whether or not the
shares are outstanding at the time of the amendment, into shares without par
value or by changing shares without par value, whether or not the shares are
outstanding at the time of the amendment, into shares with par value, either
with or without increasing or decreasing the number of shares, and upon such basis
as may be set forth in the certificate of amendment.
(d) By changing the name of the corporation.
(e) By making any other change or alteration in
its articles of incorporation that may be desired.
2. All such changes or alterations may be
effected by one certificate of amendment, but any articles of incorporation so
amended, changed or altered may contain only such provisions as it would be
lawful and proper to insert in original articles of incorporation pursuant to NRS 78.035 and 78.037 , if the original articles were
signed and filed at the time of making the amendment.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.