Nevada Code § 81.130

Consolidation of cooperative corporations: Procedure; powers
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1. Upon written assent of two-thirds of
all the members or by a vote of members representing two-thirds of the total
votes of all members of each of two or more such nonprofit cooperative corporations
to cooperate with each other for the more economical carrying on of their
respective businesses by consolidation, the consolidation may be effected by
two or more associations entering into an agreement in writing and adopting a
name. The agreement must:
(a) Be signed by two-thirds of the members of
each such association.
(b) State all the matters necessary to articles
of incorporation.
(c) Be acknowledged by the signers before a
person competent to take an acknowledgment of deeds in this State.
2. A certified copy of the agreement must
be filed in the Office of the Secretary of State and the same fees for filing
and recording, as required for filing and recording of original articles of
incorporation, must be paid. Upon the filing of the certified copy, the former
associations comprising the component parts cease to exist, and the
consolidated association:
(a) Succeeds to all the rights, duties and powers
of the component associations.
(b) Is possessed of all the rights, duties and
powers prescribed in the agreement of consolidated associations not
inconsistent with NRS 81.010 to 81.160 , inclusive.
(c) Is subject to all the liabilities and
obligations of the former component associations.
(d) Succeeds to all the property and interests
thereof.
(e) May make bylaws and do all things permitted
by NRS 81.010 to 81.160 , inclusive.
3. Any such corporation, upon resolution
adopted by its board of directors, may:
(a) Enter into contracts and agreements.
(b) Make stipulations and arrangements with any
other corporation or corporations for the cooperative and more economical
carrying on of its business, or any part or parts thereof.
4. Any two or more cooperative
corporations organized under NRS 81.010 to 81.160 , inclusive, upon resolutions
adopted by their respective boards of directors, may, for the purpose of more
economically carrying out their respective businesses, by agreement, unite in
adopting, employing and using, or several such corporations may separately
adopt, employ and use, the same methods, policy, means, agents, agencies and
terms of marketing for carrying on and conducting their respective businesses.

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