Nev. Rev. Stat. § 396.806

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 396.806 - Income of nonprofit corporation

Any income of the corporation shall not inure to any member thereof or to any other private person, partnership or corporation, excluding any payment of the nonprofit corporation's operation and maintenance expenses, any securities requirements, and any other obligations based on contract or tort.

NRS 396.806

Added to NRS by 1967, 1343
Added to NRS by 1967, 1343