Nevada Revised Statutes
Chapter 81 - Miscellaneous Organizations

NRS 81.006 - Correction of inaccurate or defective record filed with Secretary of State; cancellation of filings. - 1. A nonprofit cooperative corporation, a cooperative association, a charitable...

NRS 81.0065 - Secretary of State authorized to adopt certain regulations to allow entities to carry out powers and duties through most recent technology. - The Secretary of State may adopt regulations to define, for...

NRS 81.010 - Formation; applicable law; revival of certain expired corporations. - 1. Nonprofit cooperative corporations may be formed by the voluntary...

NRS 81.020 - Capital stock; purpose; voting power of members; meetings; dividends; dealing in products of nonmembers; distribution of surplus funds or issuance of refunds to members. - 1. The corporation may or may not have capital stock,...

NRS 81.030 - Memberships: Certificates; transfer and assignment. - 1. Any person or any number of persons, including and...

NRS 81.040 - Articles of incorporation: Required provisions. - Each corporation formed under NRS 81.010 to 81.160, inclusive, must...

NRS 81.050 - Articles of incorporation: Optional provisions. - In addition to the requirements of NRS 81.040, the articles...

NRS 81.055 - Articles of incorporation: Prohibited names and businesses; certification required before filing of certain articles or amendments; defaulting corporations. - 1. The Secretary of State shall not accept for filing...

NRS 81.060 - Articles of incorporation: Filing requirements; acceptable evidence of incorporation. - 1. The articles of incorporation must be: (a) Signed by...

NRS 81.070 - Amendment of articles of incorporation. - Any such corporation may amend its articles of incorporation in...

NRS 81.080 - Bylaws: Adoption; amendment; effectiveness. - 1. Each corporation incorporated under NRS 81.010 to 81.160, inclusive,...

NRS 81.090 - Bylaws: Optional provisions. - Each corporation organized under NRS 81.010 to 81.160, inclusive, may...

NRS 81.100 - Bylaws: Provisions for unequal property rights. - If the bylaws shall provide for unequal property rights of...

NRS 81.110 - General powers. - A corporation incorporated pursuant to NRS 81.010 to 81.160, inclusive,...

NRS 81.120 - Marketing contracts: Powers of corporation; title to property. - 1. Each corporation shall have the power to enter into...

NRS 81.130 - Consolidation of cooperative corporations: Procedure; powers. - 1. Upon written assent of two-thirds of all the members...

NRS 81.150 - Right of corporation to do business: Quo warranto proceedings. - The right of a corporation, claiming to be organized and...

NRS 81.160 - Applicability of NRS 81.010 to 81.160, inclusive. - The provisions of NRS 81.010 to 81.160, inclusive, are not...

NRS 81.170 - "Lawful business" defined; construction of NRS 81.170 to 81.270, inclusive. - 1. NRS 81.170 to 81.270, inclusive, being passed to promote...

NRS 81.175 - Applicable law. - 1. Except as otherwise provided in subsection 2, the provisions...

NRS 81.180 - Formation of cooperative association: No capital stock; issuance of membership certificates. - 1. It shall be lawful for five or more persons...

NRS 81.190 - Members: Qualifications, rights, interest and duties. - 1. All persons above the age of 18 years, regardless...

NRS 81.200 - Articles of association: Filing requirements; required provisions. - 1. Each association formed under NRS 81.170 to 81.270, inclusive,...

NRS 81.205 - Articles of association: Prohibited names and businesses; certification required before filing of certain articles or amendments; defaulting associations. - 1. The Secretary of State shall not accept for filing...

NRS 81.210 - Purpose of business may be changed; amendment of articles. - 1. The purpose of the business may be altered, changed,...

NRS 81.220 - General powers. - Every association formed under NRS 81.170 to 81.270, inclusive, may:...

NRS 81.230 - Bylaws: Adoption; amendment; required and optional provisions. - 1. Every association formed under NRS 81.170 to 81.270, inclusive,...

NRS 81.240 - Bylaws: Required and optional provisions concerning profits. - 1. The bylaws shall provide for the time and manner...

NRS 81.250 - Recording and maintaining of bylaws and amendments. - The bylaws and all amendments must be recorded in a...

NRS 81.260 - Association’s property subject to execution; member’s interest sold upon execution; rights of purchaser. - 1. The property of the association shall be subject to...

NRS 81.270 - Succession to membership: Nomination and transfer on death. - 1. Any member may, upon or after becoming a member,...

NRS 81.410 - Formation; applicable law. - 1. Nonprofit cooperative corporations may be formed by the voluntary...

NRS 81.420 - No capital stock; not to be carried on for profit. - The corporation shall not have a capital stock, and its...

NRS 81.430 - Memberships: Certificates; transfer and assignment. - 1. Any person or any number of persons, including and...

NRS 81.440 - Articles of incorporation: Required provisions. - Each corporation formed under NRS 81.410 to 81.540, inclusive, shall...

NRS 81.445 - Articles of incorporation: Prohibited names and businesses; certification required before filing of certain articles or amendments; defaulting corporations. - 1. The Secretary of State shall not accept for filing...

NRS 81.450 - Articles of incorporation: Filing requirements; acceptable evidence of incorporation. - 1. The articles of incorporation must be: (a) Signed by...

NRS 81.470 - Bylaws: Adoption; amendment; effectiveness. - 1. Each corporation incorporated under NRS 81.410 to 81.540, inclusive,...

NRS 81.480 - Bylaws: Optional provisions. - Each corporation organized under NRS 81.410 to 81.540, inclusive, may...

NRS 81.490 - Bylaws: Provisions for unequal voting power. - If the bylaws shall provide for unequal voting power, or...

NRS 81.500 - General powers. - 1. Each corporation incorporated under NRS 81.410 to 81.540, inclusive,...

NRS 81.505 - Restriction on power of rural electric cooperatives to sell, lease or dispose of assets. - 1. A rural electric cooperative formed or consolidated pursuant to...

NRS 81.507 - Reversion of unclaimed capital credit to electric cooperative under certain circumstances. - 1. Any capital credit distributed to a member by an...

NRS 81.510 - Agreements for unified action by cooperative corporations. - Any two or more cooperative corporations organized under NRS 81.410...

NRS 81.540 - Applicability and effect of NRS 81.410 to 81.540, inclusive. - 1. The provisions of NRS 81.410 to 81.540, inclusive, are...

NRS 81.550 - Short title. - NRS 81.550 to 81.660, inclusive, may be cited as the...

NRS 81.560 - Declaration of policy. - The Legislature hereby declares that the policy of the State...

NRS 81.570 - References to Internal Revenue Code. - As used in NRS 81.550 to 81.660, inclusive, unless otherwise...

NRS 81.580 - Definitions. - As used in NRS 81.550 to 81.660, inclusive, unless the...

NRS 81.600 - "Director" defined. - "Director" means a director, trustee, person or persons constituting the...

NRS 81.605 - "Governing instrument" defined. - "Governing instrument" means the articles or certificate of incorporation or...

NRS 81.610 - "Private foundation" defined. - "Private foundation" is any nonprofit corporation, association, foundation, or other...

NRS 81.620 - Applicability of NRS 81.550 to 81.660, inclusive. - The provisions of NRS 81.550 to 81.660, inclusive, apply to...

NRS 81.630 - Prohibited acts. - In the administration of any private foundation that is subject...

NRS 81.640 - Minimum distributions required. - Unless otherwise provided in the governing instrument, in the administration...

NRS 81.650 - Amendment of governing instrument: Procedure. - 1. The board of directors or trustees of any private...

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...

NRS 81.700 - Short title. - NRS 81.700 to 81.890, inclusive, may be cited as the...

NRS 81.705 - Definitions. - As used in NRS 81.700 to 81.890, inclusive, unless the...

NRS 81.710 - "Established practices" defined. - "Established practices" means the practices used by an unincorporated nonprofit...

NRS 81.715 - "Governing principles" defined. - "Governing principles" means the agreements, whether oral, in a record...

NRS 81.720 - "Manager" defined. - "Manager" means a person that is responsible, alone or in...

NRS 81.725 - "Member" defined. - "Member" means a person that, under the governing principles, may...

NRS 81.730 - "Person" defined. - "Person" means an individual, corporation, business trust, statutory entity trust,...

NRS 81.735 - "State" defined. - "State" means a state of the United States, the District...

NRS 81.740 - "Unincorporated nonprofit association" defined. - "Unincorporated nonprofit association" means an unincorporated organization consisting of two...

NRS 81.745 - Relation to other law. - 1. Unless displaced by particular provisions of NRS 81.700 to...

NRS 81.750 - Governing law. - 1. Except as otherwise provided in subsection 2, the law...

NRS 81.755 - Legal entity; perpetual existence; powers. - 1. An unincorporated nonprofit association is a legal entity distinct...

NRS 81.760 - Ownership and transfer of property. - 1. An unincorporated nonprofit association may acquire, hold, encumber or...

NRS 81.765 - Statement of authority as to real property. - 1. An interest in real property held in the name...

NRS 81.770 - Liability. - 1. A debt, obligation or other liability of an unincorporated...

NRS 81.775 - Assertion and defense of claims. - 1. An unincorporated nonprofit association may sue or be sued...

NRS 81.780 - Effect of judgment or order. - A judgment or order against an unincorporated nonprofit association is...

NRS 81.785 - Appointment of agent to receive service of process; service of process. - 1. An unincorporated nonprofit association may, in the manner provided...

NRS 81.790 - Action or proceeding not abated by change in members or managers. - An action or proceeding against an unincorporated nonprofit association does...

NRS 81.795 - Venue. - Unless otherwise provided by law other than the provisions of...

NRS 81.800 - Member not agent. - A member is not an agent of the association solely...

NRS 81.805 - Certain actions require approval by members. - 1. Except as otherwise provided in the governing principles, an...

NRS 81.810 - Meetings of members: Voting, notice and quorum requirements. - 1. Unless the governing principles provide otherwise: (a) Approval of...

NRS 81.815 - Duties of member. - 1. A member does not have a fiduciary duty to...

NRS 81.820 - Admission, suspension, dismissal or expulsion of members. - 1. A person becomes a member and may be suspended,...

NRS 81.825 - Resignation of member. - 1. A member may resign as a member in accordance...

NRS 81.830 - Membership interest not transferable. - Except as otherwise provided in the governing principles, a member’s...

NRS 81.835 - Selection of managers; management rights of managers. - Except as otherwise provided in NRS 81.700 to 81.890, inclusive,...

NRS 81.840 - Duties of managers. - 1. A manager owes to the unincorporated nonprofit association and...

NRS 81.845 - Meetings of managers: Notice and quorum requirements. - Notice and quorum requirements for meetings of managers and the...

NRS 81.850 - Right of member or manager to information. - 1. On reasonable notice, a member or manager of an...

NRS 81.855 - Distributions prohibited; compensation and other permitted payments. - 1. Except as otherwise provided in subsection 2, an unincorporated...

NRS 81.860 - Reimbursement; indemnification; advancement of expenses. - 1. Except as otherwise provided in the governing principles, an...

NRS 81.865 - Dissolution. - 1. An unincorporated nonprofit association may be dissolved as follows:...

NRS 81.870 - Winding up and termination. - Winding up and termination of an unincorporated nonprofit association must...

NRS 81.875 - Mergers. - 1. An unincorporated nonprofit association may merge with any organization...

NRS 81.880 - Transition concerning real and personal property. - 1. If, before October 1, 2009, an interest in property...

NRS 81.885 - Uniformity of application and construction. - In applying and construing the provisions of NRS 81.700 to...

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...

NRS 81.901 - Definitions. - As used in NRS 81.901 to 81.959, inclusive, unless the...

NRS 81.903 - "Member" defined. - "Member" means a natural person who: 1. Has been accepted...

NRS 81.905 - "Membership share" defined. - "Membership share" means a single class of stock that has...

NRS 81.907 - "Patronage" defined. - "Patronage" means the amount of work performed by a member...

NRS 81.909 - "Patronage dividend" defined. - "Patronage dividend" means a dividend or distribution of net income...

NRS 81.911 - "Quorum" defined. - "Quorum" means a simple majority of the members. (Added to...

NRS 81.913 - "Worker cooperative" defined. - "Worker cooperative" means a corporation which has elected to be...

NRS 81.915 - "Written notice of allocation" defined. - "Written notice of allocation" means a written instrument which discloses...

NRS 81.917 - Legislative findings and declarations. - The Legislature hereby finds and declares that a worker cooperative:...

NRS 81.919 - Election of corporation to be governed as worker cooperative; applicable law. - 1. A corporation formed pursuant to chapter 78 of NRS...

NRS 81.921 - Apportionment and distribution of net earnings and losses. - 1. The net earnings and losses of a worker cooperative...

NRS 81.923 - Use of internal capital and collective reserve accounts; redemption of corporate shares and written notices of allocation; recall and redemption of membership shares. - The articles of incorporation or bylaws of a worker cooperative...

NRS 81.925 - Reserve accounts; allocation of indivisible reserve account upon dissolution or sale. - 1. A worker cooperative may use: (a) A divisible reserve...

NRS 81.927 - Authority to operate as internal capital account cooperative; accounts. - 1. The articles of incorporation or bylaws of a worker...

NRS 81.929 - Membership: Establishment of qualifications and method of acceptance, expulsion, termination and suspension; composition of members; effect of leave of absence; rights and responsibilities of members. - 1. The articles of incorporation or bylaws of a worker...

NRS 81.931 - Board of directors: Composition; annual meeting with members; authority of members to override decisions; considerations when exercising powers. - 1. A majority of the directors on the board of...

NRS 81.933 - Membership shares; voting power of shares other than membership shares. - 1. Each member shall own one membership share, and only...

NRS 81.935 - Procedure for expulsion, termination or suspension of member. - 1. An expulsion, termination or suspension of a member which...

NRS 81.937 - Action challenging expulsion, termination or suspension of member. - 1. An action challenging an expulsion, termination or suspension of...

NRS 81.939 - Notice of meeting at which members are required or permitted to vote; notice of special meeting. - 1. For a meeting during which members are required or...

NRS 81.941 - Personal notice of meeting consisting only of members; authority to veto decision made at meeting for which notice was not received. - 1. Before a meeting consisting of only members, personal notice...

NRS 81.943 - Contents of notice. - Notice of a meeting given pursuant to NRS 81.939 or...

NRS 81.945 - Means of providing notice; affidavit is prima facie evidence of proper notice. - 1. Except as otherwise provided in NRS 81.941, notice may...

NRS 81.947 - Address of notice to last known address in records; notice if no known address in records; notice if mailed notice is returned as undeliverable. - 1. Except as otherwise provided in subsection 2, notice of...

NRS 81.949 - Electronic notice of meeting not authorized in certain circumstances. - Notice of a meeting may not be given by electronic...

NRS 81.951 - Meetings adjourned to another time or place. - 1. Unless otherwise provided by the articles of incorporation or...

NRS 81.953 - Validity of business transacted at meeting that does not meet notice requirements; waivers of notice. - 1. Any business transacted at a meeting that does not...

NRS 81.955 - Use of written ballots. - 1. Unless otherwise prohibited by the articles of incorporation or...

NRS 81.957 - Revocation of election to be governed as worker cooperative. - 1. A worker cooperative may revoke its election to be...

NRS 81.959 - Consolidation or merger. - 1. A worker cooperative that has not revoked its election...

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Nevada Revised Statutes Chapter 81 - Miscellaneous Organizations

Nevada Revised Statutes
Chapter 81 - Miscellaneous Organizations