Nevada Amendment After Issuance of Stock(NRS78.390)

State:
Nevada
Control #:
NV-SKU-1466
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PDF
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Description

Amendment After Issuance of Stock(NRS78.390) Nevada Amendment After Issuance of Stock (NRS78.390) is a Nevada law that allows a corporation to make certain changes to its stock after it has been issued. This amendment allows a corporation to split or combine shares, change the terms or restrictions of the stock, or adjust the rights or preferences of the stockholders. There are two main types of Nevada Amendment After Issuance of Stock (NRS78.390): a majority vote amendment and a super majority vote amendment. A majority vote amendment requires the affirmative vote of a majority of the outstanding shares of the corporation, while a super majority vote amendment requires the affirmative vote of two-thirds or more of the outstanding shares of the corporation. Both types of amendments must be approved by the Nevada Secretary of State in order for them to be valid.

Nevada Amendment After Issuance of Stock (NRS78.390) is a Nevada law that allows a corporation to make certain changes to its stock after it has been issued. This amendment allows a corporation to split or combine shares, change the terms or restrictions of the stock, or adjust the rights or preferences of the stockholders. There are two main types of Nevada Amendment After Issuance of Stock (NRS78.390): a majority vote amendment and a super majority vote amendment. A majority vote amendment requires the affirmative vote of a majority of the outstanding shares of the corporation, while a super majority vote amendment requires the affirmative vote of two-thirds or more of the outstanding shares of the corporation. Both types of amendments must be approved by the Nevada Secretary of State in order for them to be valid.

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Nevada Amendment After Issuance of Stock(NRS78.390)