Nevada § 385.091 - Formation
Full text of Nevada Nevada Revised Statutes § 385.091 — Formation, with citation guidance and answers to common questions.
§ 385.091. Formation
The State Board, in the name and on behalf of the system of public schools in this
State, may: 1. Cause to be formed a nonprofit corporation pursuant to chapter 82 of NRS for the
acquisition of money and personal property for awards in recognition of exceptional
teachers, pupils and public schools and for special projects regarding educational
enhancement, including, but not limited to, any unique educational activity which
is conducted by officials of the public schools to improve the educational performance
of or learning opportunities for pupils or teachers in the public schools. 2. Determine the name of the corporation. 3. Specify that the corporation is formed for charitable and educational purposes,
subject to the basic purpose of the corporation as set forth in subsection 1. 4. Specify any incidental powers which the corporation may exercise, including: (a) The power to solicit and receive contributions, gifts, grants, devises and bequests
of money and personal property, or any combination thereof; (b) Any of the powers enumerated in NRS 82.121 except that the corporation may not receive or hold real property; and (c) The power to do all acts as may be necessary, convenient or desirable to carry
out the purposes for which the corporation is formed. 5. Provide for: (a) The location and relocation of the office of the corporation; (b) Upon the dissolution of the corporation and the liquidation of its obligations,
the distribution of its assets to the system of public schools in this State; (c) The perpetual existence of the corporation; (d) The governing body of the corporation and the appointment and reappointment of
members thereto; and (e) The adoption of the bylaws for the corporation and any amendments thereto.
Frequently Asked Questions About Nevada § 385.091
What does Nevada Revised Statutes § 385.091 cover?
Section 385.091 ("Formation") 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 § 385.091?
A common citation format is "Nevada Revised Statutes § 385.091" (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 § 385.091 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.