Nevada § 78B.180 - Annual benefit report: Preparation by board of directors; required statement by board of directors
Full text of Nevada Nevada Revised Statutes § 78B.180 — Annual benefit report: Preparation by board of directors; required statement by board of directors, with citation guidance and answers to common questions.
§ 78B.180. Annual benefit report: Preparation by board of directors; required statement by board of directors
1. The board of directors of a benefit corporation shall prepare and include in the
annual benefit report to shareholders required by NRS 78B.170 a statement indicating whether, in the opinion of the board of directors, the benefit
corporation failed in any material respect to pursue its general public benefit purpose
and any specific public benefit purpose identified in the articles of incorporation
pursuant to NRS 78B.140 during the period covered by the report. 2. If, in the opinion of the board of directors, the benefit corporation failed to
pursue its general public benefit purpose or any specific public benefit purpose identified
in the articles of incorporation pursuant to NRS 78B.140 , the statement required by subsection 1 must include a description of the ways in
which the benefit corporation failed to pursue its general public benefit purpose
or any specific public benefit purpose.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 78B.180
What does Nevada Revised Statutes § 78B.180 cover?
Section 78B.180 ("Annual benefit report: Preparation by board of directors; required statement by board of directors") 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 § 78B.180?
A common citation format is "Nevada Revised Statutes § 78B.180" (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 § 78B.180 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.