Nevada § 78.575 - Procedure for dissolution before payment of capital and beginning of business
Full text of Nevada Nevada Revised Statutes § 78.575 — Procedure for dissolution before payment of capital and beginning of business, with citation guidance and answers to common questions.
§ 78.575. Procedure for dissolution before payment of capital and beginning of business
Before the payment of any part of the capital and before beginning the business for
which the corporation was created, the incorporators or the board of directors named
in the articles of incorporation may dissolve a corporation by filing in the Office
of the Secretary of State a certificate, signed by a majority of the incorporators
or of the board of directors named in the articles of incorporation, stating that
no part of the capital has been paid and the business has not begun, and thereupon
the corporation is dissolved.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 78.575
What does Nevada Revised Statutes § 78.575 cover?
Section 78.575 ("Procedure for dissolution before payment of capital and beginning of business") 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 § 78.575?
A common citation format is "Nevada Revised Statutes § 78.575" (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 § 78.575 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.