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NEVADA STATUTES AND CODES
78A.200 - Effect of termination of status.
78A.200 Effect of termination of status.
1. A corporation that terminates its status as a close corporation is subject to the provisions of chapter 78 of NRS.
2. Termination of the status of a close corporation does not affect any right of a shareholder or of the corporation under an agreement or the articles of incorporation unless invalidated by law.
(Added to NRS by 1989, 946)
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