In 2015, the Nevada legislature enacted NRS 78.0296 to provide a mechanism for a Nevada corporation to ratify or validate “any corporate act not in compliance, or purportedly not in compliance, with this title or the articles of incorporation or bylaws in effect at the time of such corporate act”. Nevada is not unique in this respect. California and Delaware have similar statutes.1 Undoubtedly, these statutes have been useful to corporations in remedying the previously irremediable.
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