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NRS 693B.120 - Power of Commissioner to resolve controversy concerning actions of emergency board of directors.

NV Rev Stat § 693B.120 (2019) (N/A)
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To resolve controversy as to the power of any group of persons purporting to act as an emergency board of directors so to act, the Commissioner may, upon a determination that such action will tend to promote the safe and sound and orderly conduct of the business of any domestic organization, issue orders declaring that any such group shall or shall not have the powers of an emergency board of directors, or confirming, modifying or vacating in whole or in part any action taken or purportedly taken by any such group, or removing any acting director.

(Added to NRS by 1971, 1822)

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NRS 693B.110 - Designation of acting directors by Commissioner.
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NRS 693B.130 - Commissioner may declare certain provisions of law operative and inoperative; powers of companies, officers and directors.