Nevada § 78A.080 - Shareholders' agreements: Validity
Full text of Nevada Nevada Revised Statutes § 78A.080 — Shareholders' agreements: Validity, with citation guidance and answers to common questions.
§ 78A.080. Shareholders' agreements: Validity
A written agreement among stockholders of a close corporation or any provision of
the articles of incorporation or of the bylaws of the corporation that relates to
any phase of the affairs of the corporation, including, but not limited to, the management
of its business, the declaration and payment of dividends or other division of profits,
the election of directors or officers, the employment of stockholders by the corporation
or the arbitration of disputes is not invalid on the ground that it is an attempt
by the parties to the agreement or by the stockholders of the corporation to treat
the corporation as if it were a partnership or to arrange relations among the stockholders
or between the stockholders and the corporation in a manner that would be appropriate
only among partners.
Frequently Asked Questions About Nevada § 78A.080
What does Nevada Revised Statutes § 78A.080 cover?
Section 78A.080 ("Shareholders' agreements: Validity") 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 § 78A.080?
A common citation format is "Nevada Revised Statutes § 78A.080" (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 § 78A.080 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.