693B.020 - Adoption of bylaws for emergency: Procedure; provisions; approval.
693B.020 Adoption of bylaws for emergency: Procedure; provisions; approval.
1. With the approval of the Commissioner, any domestic organization may at any time adopt, in the same manner as in the case of ordinary bylaws, emergency bylaws to become operative during a period of acute emergency. Emergency bylaws may contain provisions with respect to the number of directors capable of acting which shall constitute its board, the number of such directors which shall constitute a quorum at a meeting of the board, the number of votes necessary for action by such board, the manner in which vacancies on the board shall be filled, the line of succession of its officers, and the interim management of the affairs of the organization.
2. Such provisions, if approved by the Commissioner, need not comply with the requirements of the charter of such domestic organization.
3. Except as provided in NRS 693B.120, the provisions of NRS 693B.040 to 693B.100, inclusive, 693B.120 and 693B.130 shall not be applicable during a period of acute emergency to any domestic organization operating in accordance with emergency bylaws approved by the Commissioner to the extent that the procedure set forth in such emergency bylaws relate to subject matter contained in NRS 693B.040 to 693B.100, inclusive.
(Added to NRS by 1971, 1818)