Status of nonprofit corporation on formation.

NRS 396.7994 Status of nonprofit corporation on formation. Such a nonprofit corporation, upon its formation, is: 1. A corporate agency of the System and the Board of Regents; 2. A body corporate and politic; and 3. A political subdivision of this state. (Added to NRS by 1968, 3; A 1969, 1448; 1993, 357)