NRS 78B.030: “Benefit enforcement proceeding” defined.
Where this section sits in the code
- TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
- CHAPTER 78B - BENEFIT CORPORATIONS
- 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