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NRS 81.959

Consolidation or merger

(Added to NRS by 2019, 913)

1. A worker cooperative that has not revoked its election pursuant to NRS 81.919 shall not consolidate or merge with another corporation unless such a corporation is also a worker cooperative.

2. Two or more worker cooperatives may merge in a manner consistent with chapters 78 and 92A of NRS.

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