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NRS 657.105

Effect of certain chapters on powers, privileges, duties and restrictions of corporations, companies, associations and natural persons

(Added to NRS by 1971, 966; A 1989, 2032; 1995, 473)

1. The powers, privileges, duties and restrictions conferred and imposed upon any corporation, company, association or natural person, existing and doing business under the laws of this State, are hereby abridged, enlarged or modified, as each particular case may require, to conform to the provisions of chapters 657 to 671, inclusive, of NRS, notwithstanding anything to the contrary in its respective articles of incorporation, articles of organization or charter.

2. As used in this section, “doing business under the laws of this State” does not include the lending of money to a person who is not a resident of this State, whether or not the bank which extended the credit or serviced the loan is located in this State.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.