Judgment against corporation; dissolution or restraint.

Nev. Rev. Stat. § 35.150
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
When, in any such action, it is found and adjudged that a corporation has, by an act done or omitted, surrendered or forfeited its corporate rights, privileges or franchises, or has not used the same during a term of 2 years, judgment shall be entered that it be ousted and excluded therefrom, and that it be dissolved; and when it is found and adjudged that a corporation has offended in any matter or manner which does not work such surrender or forfeiture or has misused a franchise, or exercised a power not conferred by law, judgment shall be entered that it be enjoined from the continuance of such offense or the exercise of such power.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-035.htmlFetched: 10/4/2026

Starting a business in Nevada? Nevada LLC guide: costs and requirements