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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 78B.030: “Benefit enforcement proceeding” defined.

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Where this section sits in the code
  1. TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
  2. CHAPTER 78B - BENEFIT CORPORATIONS
  3. GENERAL PROVISIONS

“Benefit enforcement proceeding” means a claim or action for:

1. Failure of a benefit corporation to pursue the general public benefit purpose of the benefit corporation or any specific public benefit purpose set forth in its articles of incorporation;

2. Violation of a duty or standard of conduct imposed on a director or officer of a benefit corporation pursuant to this chapter; or

3. Failure of a benefit corporation to deliver or post on its Internet website an annual benefit report as required by NRS 78B.170.

Collected 2026-09-03T05:51:31Z. Source file · JSON

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