Powers — Nevada Code § 84.050

Nevada Code § 84.050 — Powers. Reproduced from the official Nevada Revised Statutes, with a citation summary, verification link, and related provisions.

§ 84.050. Powers

A corporation sole shall have power: 1. To acquire and possess, by donation, gift, bequest, devise or purchase, and to

hold and maintain property, real, personal and mixed, and to grant, sell, convey,

rent or otherwise dispose of the same as may be necessary to carry on or promote the

objects of the corporation. 2. To borrow money and to give promissory notes or other written obligation therefor,

and to secure the payment thereof by mortgage or other lien, upon real or personal

property. 3. To buy, sell, lease, mortgage and in every way deal in real and personal property

in the same manner that a natural person may, and without the order of any court. 4. To receive bequests and devises for its own use or upon trusts to the same extent

as natural persons may. 5. To appoint attorneys-in-fact. 6. To contract and be contracted with, in the same manner as a natural person. 7. To sue and be sued, plead and be pleaded in all courts of justice. 8. To have and use a common seal by which all deeds and acts of the corporation may

be authenticated.

Source: official Nevada text · Last verified 2026-08-27

At a glance

  • Citation: Nevada Revised Statutes § 84.050
  • Jurisdiction: Nevada
  • Code: Nevada Revised Statutes
  • Subject: Powers
  • Text: transcribed from the official source (verify below)

Verify the text

Statute text is transcribed from the official Nevada Revised Statutes. Confirm it against the primary source before relying on it:

Not legal advice. Verify against the official source and consult a licensed Nevada attorney.

Common questions

What is the source of Nevada Revised Statutes § 84.050?

The text above is transcribed from the Nevada Revised Statutes, the codified statutes of Nevada. The official publisher link appears under "Verify the text" on this page.

What subject does Nevada Revised Statutes § 84.050 address?

It addresses "Powers". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

Is Nevada Revised Statutes § 84.050 still in force?

Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Nevada source before relying on this text.

Can this page be used as legal advice?

No. This is a reference transcription for research. Applying Nevada law to your facts requires a licensed Nevada attorney who can review the specifics.