Nevada § 265.150 - Trustees: Duties
Full text of Nevada Nevada Revised Statutes § 265.150 — Trustees: Duties, with citation guidance and answers to common questions.
§ 265.150. Trustees: Duties
The trustees shall: 1. Prosecute to final judgment and defend all suits instituted by or against the corporation. 2. Collect all money due the same. 3. Liquidate all lawful demands against the same, and for that purpose shall sell
and convey any property belonging to such corporation, or so much thereof as may be
necessary. 4. Generally, do all acts required to bring to a speedy close all of the affairs of
the corporation. 5. Make a report of their proceedings to the board of county commissioners at each
session of the board.
Frequently Asked Questions About Nevada § 265.150
What does Nevada Revised Statutes § 265.150 cover?
Section 265.150 ("Trustees: Duties") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 265.150?
A common citation format is "Nevada Revised Statutes § 265.150" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 265.150 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.