A corporation incorporated pursuant to NRS 81.010 to 81.160, inclusive, may: 1. Appoint such agents and officers as its business may require, and the appointed agents may be either persons or corporations. 2. Admit persons and corporations to membership in the corporation. 3. Expel any member pursuant to the provisions of its bylaws. 4. Forfeit the membership of any member for violation of any agreement between the member and the corporation or for the member’s violation of its bylaws. 5. Purchase, lease or otherwise acquire, and hold, own, enjoy, sell, lease, mortgage and otherwise encumber and dispose of, real and personal property. 6. Carry on any operation necessary or convenient in connection with the transactions of any of its business. [Part 5:236:1921; A 1933, 264; 1941, 329; 1931 NCL § 1579]—(NRS A 1991, 1247)
Nevada Legal Code