Opinion ID: 2639084
Heading Depth: 1
Heading Rank: 7

Heading: Corporate revival after dissolution

Text: Redl also argues that the Secretary of State can revive only a dissolved corporation. Redl relies on a 1951 opinion from the Nevada Attorney General that discusses the statutes preceding NRS 78.730. [25] The Attorney General opined that the revival provision could apply only to a dissolved corporation because the statute refers to stockholders instead of a president or secretary. [26] We note that the Attorney General's opinions are not precedent. [27] Moreover, the current statute specifically states that it applies to any corporation that did exist or is now existing. [28] Consequently, we conclude that the plain meaning of NRS 78.730 must include all Nevada corporations, both those that existed and those that now exist. New York Owners incorporated in Nevada and qualified as an existing corporation because it had not been dissolved. New York Owners would have also qualified for revival if it had no longer existed at the time of revival.