309.080  Election unnecessary when no nominations made.  If no nominations for the offices of directors be made as required by NRS 309.070, no election need be held for the election of directors for the next succeeding 2-year period, and in such event the then existing board of directors shall hold over for such succeeding 2-year period.

[5 1/2:24:1928; added 1935, 177; 1931 NCL § 3459.01]