Changes in the Corporation Law in Nevada
The Nevada legislature tightens foreign corporation rules by requiring out of state entities to file with the secretary of state and pay fees equal to Nevada incorporations. Violations bar a defaulting company from suing in Nevada courts. The change aims to boost local incorporations and raises costs for foreign firms, though it aids locating officers of defaulting incorporations.
MENTIONED IN THIS ARTICLE
Nevada
of State
Sain'alent Lefaulting
Nevada Mining Investor
Reno
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