Title 7

NRS 81.610 “Private foundation” defined. “Private foundation” is any nonprofit corporation, association, foundation, or other charitable entity formed pursuant to the laws of the State of Nevada which is a “private foundation” as defined in Section 509(a). (Added to NRS by 1971, …

NRS 81.620 Applicability of NRS 81.550 to 81.660, inclusive. The provisions of NRS 81.550 to 81.660, inclusive, apply to any private foundation whether it was created before or is created on or after October 1, 1991, if it is subject to the sections of the Internal Revenue Code s…

NRS 81.630 Prohibited acts. In the administration of any private foundation that is subject to the provisions of the Internal Revenue Code of 1954, unless otherwise provided in the governing instrument, the following acts are prohibited: 1. Engaging in any act of “self-dealing” (…

NRS 81.640 Minimum distributions required. Unless otherwise provided in the governing instrument, in the administration of any private foundation, there must be distributed for the purposes specified in the governing instrument, for each taxable year, amounts at least sufficient …

NRS 81.650 Amendment of governing instrument: Procedure. 1. The board of directors or trustees of any private foundation which is a corporation organized under and governed by Nevada law may, by a majority vote of its directors or trustees, amend its governing instrument at any r…

NRS 81.660 Amendment of governing instrument: Provision for termination of status of private foundation. In addition to amending the governing instrument of the private foundation in accordance with NRS 81.650, the amendment may include a provision for the private foundation to c…

NRS 81.700 Short title. NRS 81.700 to 81.890, inclusive, may be cited as the Revised Uniform Unincorporated Nonprofit Association Act of 2008. (Added to NRS by 2009, 692)

NRS 81.705 Definitions. As used in NRS 81.700 to 81.890, inclusive, unless the context otherwise requires, the words and terms defined in NRS 81.710 to 81.740, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2009, 692)

NRS 81.710 “Established practices” defined. “Established practices” means the practices used by an unincorporated nonprofit association without material change during the most recent 5 years of its existence or, if it has existed for less than 5 years, during its entire existence…

NRS 81.715 “Governing principles” defined. “Governing principles” means the agreements, whether oral, in a record or implied from its established practices, that govern the purpose or operation of an unincorporated nonprofit association and the rights and obligations of its membe…

NRS 81.720 “Manager” defined. “Manager” means a person that is responsible, alone or in concert with others, for the management of an unincorporated nonprofit association. (Added to NRS by 2009, 693)

NRS 81.725 “Member” defined. “Member” means a person that, under the governing principles, may participate in the selection of persons authorized to manage the affairs of the unincorporated nonprofit association or in the development of the policies and activities of the associat…

NRS 81.730 “Person” defined. “Person” means an individual, corporation, business trust, statutory entity trust, estate, trust, partnership, limited-liability company, cooperative, association, joint venture, public corporation, government or governmental subdivision, agency or in…

NRS 81.735 “State” defined. “State” means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. (Added to NRS by 2009, 693)

NRS 81.740 “Unincorporated nonprofit association” defined. “Unincorporated nonprofit association” means an unincorporated organization consisting of two or more members joined under an agreement that is oral, in a record or implied from conduct, for one or more common nonprofit p…

NRS 81.745 Relation to other law. 1. Unless displaced by particular provisions of NRS 81.700 to 81.890, inclusive, the principles of law and equity supplement the provisions of NRS 81.700 to 81.890, inclusive. 2. A statute governing a specific type of unincorporated nonprofit ass…

NRS 81.750 Governing law. 1. Except as otherwise provided in subsection 2, the law of this State governs the operation in this State of all unincorporated nonprofit associations formed or operating in this State. 2. Unless the governing principles specify a different jurisdiction…

NRS 81.755 Legal entity; perpetual existence; powers. 1. An unincorporated nonprofit association is a legal entity distinct from its members and managers. 2. An unincorporated nonprofit association has perpetual duration unless the governing principles specify otherwise. 3. An un…

NRS 81.760 Ownership and transfer of property. 1. An unincorporated nonprofit association may acquire, hold, encumber or transfer in its name an interest in real or personal property. 2. An unincorporated nonprofit association may be a beneficiary of a trust or contract, a legate…

NRS 81.765 Statement of authority as to real property. 1. An interest in real property held in the name of an unincorporated nonprofit association may be transferred by a person authorized to do so in a statement of authority recorded by the association in the office of the count…

NRS 81.770 Liability. 1. A debt, obligation or other liability of an unincorporated nonprofit association, whether arising in contract, tort or otherwise: (a) Is solely the debt, obligation or other liability of the association; and (b) Does not become a debt, obligation or other…

NRS 81.775 Assertion and defense of claims. 1. An unincorporated nonprofit association may sue or be sued in its own name. 2. A member or manager may assert a claim the member or manager has against the unincorporated nonprofit association. An association may assert a claim it ha…

NRS 81.780 Effect of judgment or order. A judgment or order against an unincorporated nonprofit association is not by itself a judgment or order against a member or manager. (Added to NRS by 2009, 695)

NRS 81.785 Appointment of agent to receive service of process; service of process. 1. An unincorporated nonprofit association may, in the manner provided pursuant to chapter 77 of NRS, appoint a registered agent who is authorized to receive any process, notice or demand required …

NRS 81.790 Action or proceeding not abated by change in members or managers. An action or proceeding against an unincorporated nonprofit association does not abate merely because of a change in its members or managers. (Added to NRS by 2009, 695)

NRS 81.795 Venue. Unless otherwise provided by law other than the provisions of NRS 81.700 to 81.890, inclusive, venue of an action against an unincorporated nonprofit association brought in this State is determined under the statutes applicable to an action brought in this State…

NRS 81.800 Member not agent. A member is not an agent of the association solely by reason of being a member. (Added to NRS by 2009, 695)

NRS 81.805 Certain actions require approval by members. 1. Except as otherwise provided in the governing principles, an unincorporated nonprofit association must have the approval of its members to: (a) Admit, suspend, dismiss or expel a member; (b) Select or dismiss a manager; (…

NRS 81.810 Meetings of members: Voting, notice and quorum requirements. 1. Unless the governing principles provide otherwise: (a) Approval of a matter by members requires an affirmative majority of the votes cast at a meeting of members; and (b) Each member is entitled to one vot…

NRS 81.815 Duties of member. 1. A member does not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member. 2. A member shall discharge the duties to the unincorporated nonprofit association and the other members and exercise …

NRS 81.820 Admission, suspension, dismissal or expulsion of members. 1. A person becomes a member and may be suspended, dismissed or expelled in accordance with the association’s governing principles. If there are no applicable governing principles, a person may become a member o…

NRS 81.825 Resignation of member. 1. A member may resign as a member in accordance with the governing principles. In the absence of applicable governing principles, a member may resign at any time. 2. Unless the governing principles provide otherwise, resignation of a member does…

NRS 81.830 Membership interest not transferable. Except as otherwise provided in the governing principles, a member’s interest or any right under the governing principles is not transferable. (Added to NRS by 2009, 696)

NRS 81.835 Selection of managers; management rights of managers. Except as otherwise provided in NRS 81.700 to 81.890, inclusive, or the governing principles: 1. Only the members may select a manager or managers; 2. A manager may be a member or a nonmember; 3. If a manager is not…

NRS 81.840 Duties of managers. 1. A manager owes to the unincorporated nonprofit association and to its members the fiduciary duties of loyalty and care. 2. A manager shall manage the unincorporated nonprofit association in good faith, in a manner the manager reasonably believes …

NRS 81.845 Meetings of managers: Notice and quorum requirements. Notice and quorum requirements for meetings of managers and the conduct of meetings of managers are determined by the governing principles. (Added to NRS by 2009, 697)

NRS 81.850 Right of member or manager to information. 1. On reasonable notice, a member or manager of an unincorporated nonprofit association may inspect and copy during the regular operating hours of the unincorporated nonprofit association, at a reasonable location specified by…

NRS 81.855 Distributions prohibited; compensation and other permitted payments. 1. Except as otherwise provided in subsection 2, an unincorporated nonprofit association may not pay dividends or make distributions to a member or manager. 2. An unincorporated nonprofit association …

NRS 81.860 Reimbursement; indemnification; advancement of expenses. 1. Except as otherwise provided in the governing principles, an unincorporated nonprofit association shall reimburse a member or manager for authorized expenses reasonably incurred in the course of the member’s o…

NRS 81.865 Dissolution. 1. An unincorporated nonprofit association may be dissolved as follows: (a) If the governing principles provide a time or method for dissolution, at that time or by that method; (b) If the governing principles do not provide a time or method for dissolutio…

NRS 81.870 Winding up and termination. Winding up and termination of an unincorporated nonprofit association must proceed in accordance with the following rules: 1. All known debts and liabilities must be paid or adequately provided for. 2. Any property subject to a condition req…

NRS 81.875 Mergers. 1. An unincorporated nonprofit association may merge with any organization that is authorized by law to merge with an unincorporated nonprofit association. 2. A merger involving an unincorporated nonprofit association is subject to the following rules: (a) Eac…

NRS 81.880 Transition concerning real and personal property. 1. If, before October 1, 2009, an interest in property was, by terms of a transfer, purportedly transferred to an unincorporated nonprofit association, but under the laws of this State, the interest did not vest in the …

NRS 81.885 Uniformity of application and construction. In applying and construing the provisions of NRS 81.700 to 81.890, inclusive, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it. (Added to N…

NRS 81.890 Relations to Electronic Signatures in Global and National Commerce Act. The provisions of NRS 81.700 to 81.890, inclusive, modify, limit and supersede the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §§ 7001 et seq., but do not modify, l…

NRS 81.901 Definitions. As used in NRS 81.901 to 81.959, inclusive, unless the context otherwise requires, the words and terms defined in NRS 81.903 to 81.915, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 2019, 907)