Nevada § 78.060 - General powers
Full text of Nevada Nevada Revised Statutes § 78.060 — General powers, with citation guidance and answers to common questions.
§ 78.060. General powers
1. Any corporation organized under the provisions of this chapter: (a) Has all the rights, privileges and powers conferred by this chapter. (b) Has such rights, privileges and powers as may be conferred upon corporations by
any other existing law. (c) May at any time exercise those rights, privileges and powers, when not inconsistent
with the provisions of this chapter, or with the purposes and objects for which the
corporation is organized. (d) Unless otherwise provided in its articles, has perpetual existence. 2. Every corporation, by virtue of its existence as such, is entitled: (a) To have succession by its corporate name until dissolved and its affairs are wound
up according to law. (b) To sue and be sued in any court of law or equity. (c) To make contracts. (d) To appoint such officers and agents as the affairs of the corporation require,
and to allow them suitable compensation. (e) To make bylaws not inconsistent with the Constitution or laws of the United States,
or of this State, for the management, regulation and government of its affairs and
property, the transfer of its stock, the transaction of its business, and the calling
and holding of meetings of its stockholders. (f) To wind up and dissolve itself, or be wound up or dissolved, in the manner mentioned
in this chapter. (g) Unless otherwise provided in the articles, to engage in any lawful activity.
Frequently Asked Questions About Nevada § 78.060
What does Nevada Revised Statutes § 78.060 cover?
Section 78.060 ("General powers") 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 § 78.060?
A common citation format is "Nevada Revised Statutes § 78.060" (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 § 78.060 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.