Nevada Corporate Code.

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Selected Nevada Corporate Statutes

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• Name of the Corporation: "A name appearing to be that of a natural person and containing a given name or initials must not be used as a corporate name except with the addition of a corporate ending such as Incorporated, Inc., Limited, Ltd., Company, Co., Corporation, Corp., or other words that identifies it as not being a natural person. The name must be distinguishable from the names of corporations, limited-liability companies, limited partnerships, limited-liability partnerships, business trusts or limited-liability partnerships on file in the office of the Secretary of State. A name may be reserved, if available, for 90 days by submitting a name reservation form with a $25 filing fee." Published instructions for Articles of Incorporation issued by the Nevada Secretary of State's office.
• NRS 78.120 Board of directors: General powers.
  1. Subject only to such limitations as may be provided by this chapter, or the articles of incorporation of the corporation, the board of directors has full control over the affairs of the corporation.
  2. Subject to the bylaws, if any, adopted by the stockholders, the directors may make the bylaws of the corporation.
  3. The selection of a period for the achievement of corporate goals is the responsibility of the directors.

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