78.385 - Scope of amendments. - Nevada Statutes

78.385  Scope of amendments.

      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.

      [Part 7:177:1925; A 1931, 415; 1937, 8; 1949, 158; 1943 NCL § 1606]—(NRS A 1989, 878; 1991, 1237; 1999, 1589; 2003, 3099)