693B.050 - Emergency board of directors: Numbers; authorized action. - Nevada Statutes

693B.050  Emergency board of directors: Numbers; authorized action.  If three or more directors or acting directors of any domestic organization are present at any meeting of its board duly convened during an acute emergency affecting such domestic organization, they shall constitute its emergency board of directors which, notwithstanding any contrary provision of law or of its charter, may, subject to the limitation prescribed in this chapter, by a majority of those present, take any action which may be necessary to enable such domestic organization to meet the exigencies of the acute emergency and conduct its business during such period.

      (Added to NRS by 1971, 1820)