Nev. Rev. Stat. § 385.093

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 385.093 - Income not to inure to any person; exceptions

Any income of the nonprofit corporation may not inure to any member thereof or to any other natural person or partnership or corporation, excluding any payment of the expenses of the corporation for its operation and maintenance and any other obligations based on contract or tort.

NRS 385.093

Added to NRS by 1987, 667
Added to NRS by 1987, 667