Nevada Clauses Relating to Termination and Liquidation of Venture

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This form is a model adaptable for use in partnership matters. Adapt the form to your specific needs and fill in the information. Don't reinvent the wheel, save time and money.
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FAQ

What it Costs to Form a Nevada Nonprofit. The Nevada's Attorney General's Office charges $50 to file non-profit Articles of Incorporation. A name reservation fee is $25. The fee for your organization's annual list of directors, officers and registered agent is $25.

Recruit Incorporators and Initial Directors You will need at least one, but can have more than one. Directors make up the governing body of your nonprofit corporation and are stakeholders in your organization's purpose and success. You'll want to identify three, unrelated individuals to meet IRS requirements.

OVERVIEW OF NEVADA NONPROFIT CORPORATIONS. Nonprofit Corporation. A nonprofit corporation is a corporation formed to carry out a charitable, educational, religious, literary, or scientific purpose. A business organization that serves some public purpose and therefore enjoys special treatment under the law.

Chapter 78 Private Corporations. NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; participation by telephone or similar method. NRS 78.315 Directors' meetings: Quorum; consent for actions taken without meeting; participation by telephone or similar method.

NRS 78.138 - Directors and officers: Fiduciary duties; exercise of powers; presumptions and considerations; liability to corporation, stockholders and creditors. 1. The fiduciary duties of directors and officers are to exercise their respective powers in good faith and with a view to the interests of the corporation.

Starting a Nevada Nonprofit Guide: Choose your NV nonprofit filing option. File the NV nonprofit articles of incorporation. File your Initial List of Officers. Get a Federal EIN from the IRS. Adopt your nonprofit's bylaws. Apply for federal and/or state tax exemptions. Apply for any required state licenses.

NRS 82.271 - Meetings of board of directors or delegates: Quorum; consent to action taken without meeting; alternative means for participating at meeting.

Another difference between the two Chapters would be that Chapter 88 requires a dissolution date for your LP, while 87A allows for your limited partnership to exist forever. Regardless of the type of limited partnership, the partnership must register as such with the Nevada Secretary of State.

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Nevada Clauses Relating to Termination and Liquidation of Venture