United States: Nevada Enacts Law Permitting Correction Of Erroneous Corporate Filings

In Chapter 9 of James Joyce’s Ulysses, Stephen Dedalus proclaims “A man of genius makes no mistakes. His errors are volitional and are the portals of discovery”. Alas, not every person filing a corporate record is a “man of genius” and mistakes are from time to time begotten. Nevada’s private corporation law has long authorized the filing of certificates of correction with the Secretary of State. NRS 78.0295. Until recently, however, the statute expressly authorized the filing of a certificate of correction only if the record contained an “inaccurate description of a corporate action” or if the record was […]

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By Donato