Nevada Amendment to Corporation Sole (NRS CHAPTER 84) is a legal entity specifically designed for religious organizations. It is a type of corporation in which a single person serves as the sole shareholder, director, and officer of the corporation. This entity is used by religious organizations to manage their religious activities and to facilitate the tax-exempt status of the organization. The Nevada Amendment to Corporation Sole (NRS CHAPTER 84) offers a number of advantages to religious organizations, such as the ability to separate the religious activities from the business activities, the control of the assets of the organization, and the preservation of the tax-exempt status of the organization. There are two types of Nevada Amendment to Corporation Sole (NRS CHAPTER 84): the Domestic Corporation Sole and the Foreign Corporation Sole. The Domestic Corporation Sole is created under the laws of the State of Nevada, while the Foreign Corporation Sole is created under the laws of a different state.
Nevada Amendment to Corporation Sole(NRS CHAPTER84)
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