Nevada § 81.500 - General powers
Full text of Nevada Nevada Revised Statutes § 81.500 — General powers, with citation guidance and answers to common questions.
§ 81.500. General powers
1. Each corporation incorporated under NRS 81.410 to 81.540 , inclusive, has the powers granted by the provisions of other laws of Nevada relating
to private corporations which are not inconsistent with those granted by NRS 81.410 to 81.540 , inclusive. 2. In addition to the powers granted in subsection 1, each corporation has the following
powers: (a) To appoint such agents and officers as its business may require, and such appointed
agents may be either natural persons or corporations. (b) To admit natural persons and corporations to membership in the corporation. (c) To expel any member pursuant to the provisions of its bylaws. (d) To forfeit the membership of any member for violation of any agreement between
the member and the corporation or for the member’s violation of its bylaws. (e) To purchase, lease, or otherwise acquire, hold, own and enjoy, sell, lease, mortgage
and otherwise encumber and dispose of any and all and every kind of real and personal
property, except as otherwise provided in NRS 81.505 . (f) To carry on any and all operations necessary or convenient in connection with
the transaction of any of its business.
Frequently Asked Questions About Nevada § 81.500
What does Nevada Revised Statutes § 81.500 cover?
Section 81.500 ("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 § 81.500?
A common citation format is "Nevada Revised Statutes § 81.500" (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 § 81.500 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.