Election of corporation to be governed as worker cooperative; applicable law.

NRS 81.919 Election of corporation to be governed as worker cooperative; applicable law. 1. A corporation formed pursuant to chapter 78 of NRS may elect to be governed as a worker cooperative under the provisions of NRS 81.901 to 81.959, inclusive, and such an election must be stated in the articles of incorporation of the corporation or in an amendment to the articles of incorporation of the corporation filed pursuant to chapter 78 of NRS. 2. The provisions of chapter 78 of NRS govern a worker cooperative established pursuant to NRS 81.901 to 81.959, inclusive, except to the extent that the provisions of chapter 78 of NRS are inconsistent with NRS 81.901 to 81.959, inclusive. (Added to NRS by 2019, 907)