Nevada Amended Certification Designation After Issuance of Class or Series(NRS78.1955) is a Nevada state law that allows the issuer of a class or series of securities to amend the designation of the class or series after it has been issued. The issuer must make the amendment through the Nevada Secretary of State. There are two types of Nevada Amended Certification Designation After Issuance of Class or Series(NRS78.1955): 1. Conversion: This is where the issuer converts a class or series of securities from one type to another. For example, the issuer may convert from a common stock to a preferred stock. 2. Merger: This is where the issuer merges two or more classes or series of securities into one class or series. This is often done when two or more companies are merging. The issuer must fill out a form called the "Amended Certificate of Designation" and file it with the Nevada Secretary of State. This form must include the name of the issuer, the class or series of securities they wish to amend, the reason for the amendment, and any other information required by the Nevada Secretary of State. Once the form is filed, the amendment will take effect.
Nevada Amended Certification Designation After Issuance of Class or Series(NRS78.1955)
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Nevada Revised Statutes (NRS) and Nevada Administrative Code (NAC)
Nevada Revised Statutes is an annotated codification of all statute laws in Nevada of a general, public, and permanent nature.
Nevada Revised Statutes (NRS) are laws that are enacted by the legislature.
The Statutes of Nevada are a compilation of all legislation passed by the Nevada Legislature during a particular Legislative Session. The Nevada Administrative Code (NAC) is the codified, administrative regulations of the Executive Branch.
NRS 78A. 090 Operation without board of directors; elimination and reinstatement of board. 1. A close corporation may operate without a board of directors if the articles of incorporation contain a statement to that effect.
The Nevada Administrative Code (NAC) is the codified administrative regulations of the Executive Branch of the State of Nevada. NAC listed in this section govern the activities of the Department of Administration and its divisions.
Nevada Revised Statutes (NRS) are laws that are enacted by the legislature.
NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; participation by telephone or similar method. NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; participation by telephone or similar method.