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NRS 78.138 - Directors and officers: Fiduciary duties; exercise of powers; presumptions and considerations; liability to corporation, stockholders and creditors. 1. The fiduciary duties of directors and officers are to exercise their respective powers in good faith and with a view to the interests of the corporation.
A corporation must have at least one director. Nevada does not place an upper limit on the number of directors allowed, but a number can be specified in the articles of incorporation or bylaws.
Does Nevada require corporate bylaws? No. Nevada is one of few states that doesn't order corporations to adopt bylaws.
NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; alternative means for participating at meeting. NRS 78.320 Stockholders' meetings: Quorum; consent for actions taken without meeting; alternative means for participating at meeting.
What are corporate bylaws? The bylaws are the regulations of a corporation. They contain the basic rules for the conduct of the corporation's business and affairs.
NRS 78.138 - Directors and officers: Fiduciary duties; exercise of powers; presumptions and considerations; liability to corporation, stockholders and creditors. 1. The fiduciary duties of directors and officers are to exercise their respective powers in good faith and with a view to the interests of the corporation.
NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; alternative means for participating at meeting. NRS 78.320 Stockholders' meetings: Quorum; consent for actions taken without meeting; alternative means for participating at meeting.
To start a corporation in Nevada, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Secretary of State. You can file this document online or by mail.