Dissolution not to invalidate or affect rights, penalties or contracts.

NRS 265.120, under INCORPORATION AND DISINCORPORATION OF CITIES AND TOWNS.

NRS 265.120

NRS 265.120 Dissolution not to invalidate or affect rights, penalties or contracts. No dissolution of any corporation under NRS 265.110 to 265.180, inclusive, shall invalidate or affect any right, penalty or forfeiture accruing to such corporation, or invalidate or affect any contract entered into or imposed upon such corporation. [2:30:1865; B § 3913; BH § 2080; C § 2230; RL § 968; NCL § 1224]