Nevada Revised Statutes
Chapter 81 - Miscellaneous Organizations
NRS 81.907 - "Patronage" defined.

"Patronage" means the amount of work performed by a member measured in accordance with the articles of incorporation and bylaws of a worker cooperative.
(Added to NRS by 2019, 907)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 81 - Miscellaneous Organizations

NRS 81.0026 - Prohibition against formation of entity for certain illegal purposes.

NRS 81.0027 - Form required for filing of records.

NRS 81.003 - Filing of records written in language other than English.

NRS 81.006 - Correction of inaccurate or defective record filed with Secretary of State; cancellation of filings.

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

NRS 81.010 - Formation; applicable law; revival of certain expired corporations.

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.

NRS 81.030 - Memberships: Certificates; transfer and assignment.

NRS 81.040 - Articles of incorporation: Required provisions.

NRS 81.050 - Articles of incorporation: Optional provisions.

NRS 81.055 - Articles of incorporation: Prohibited names and businesses; certification required before filing of certain articles or amendments; defaulting corporations.

NRS 81.060 - Articles of incorporation: Filing requirements; acceptable evidence of incorporation.

NRS 81.070 - Amendment of articles of incorporation.

NRS 81.080 - Bylaws: Adoption; amendment; effectiveness.

NRS 81.090 - Bylaws: Optional provisions.

NRS 81.100 - Bylaws: Provisions for unequal property rights.

NRS 81.110 - General powers.

NRS 81.120 - Marketing contracts: Powers of corporation; title to property.

NRS 81.130 - Consolidation of cooperative corporations: Procedure; powers.

NRS 81.150 - Right of corporation to do business: Quo warranto proceedings.

NRS 81.160 - Applicability of NRS 81.010 to 81.160, inclusive.

NRS 81.170 - "Lawful business" defined; construction of NRS 81.170 to 81.270, inclusive.

NRS 81.175 - Applicable law.

NRS 81.180 - Formation of cooperative association: No capital stock; issuance of membership certificates.

NRS 81.190 - Members: Qualifications, rights, interest and duties.

NRS 81.200 - Articles of association: Filing requirements; required provisions.

NRS 81.205 - Articles of association: Prohibited names and businesses; certification required before filing of certain articles or amendments; defaulting associations.

NRS 81.210 - Purpose of business may be changed; amendment of articles.

NRS 81.220 - General powers.

NRS 81.230 - Bylaws: Adoption; amendment; required and optional provisions.

NRS 81.240 - Bylaws: Required and optional provisions concerning profits.

NRS 81.250 - Recording and maintaining of bylaws and amendments.

NRS 81.260 - Association’s property subject to execution; member’s interest sold upon execution; rights of purchaser.

NRS 81.270 - Succession to membership: Nomination and transfer on death.

NRS 81.410 - Formation; applicable law.

NRS 81.420 - No capital stock; not to be carried on for profit.

NRS 81.430 - Memberships: Certificates; transfer and assignment.

NRS 81.440 - Articles of incorporation: Required provisions.

NRS 81.445 - Articles of incorporation: Prohibited names and businesses; certification required before filing of certain articles or amendments; defaulting corporations.

NRS 81.450 - Articles of incorporation: Filing requirements; acceptable evidence of incorporation.

NRS 81.470 - Bylaws: Adoption; amendment; effectiveness.

NRS 81.480 - Bylaws: Optional provisions.

NRS 81.490 - Bylaws: Provisions for unequal voting power.

NRS 81.500 - General powers.

NRS 81.505 - Restriction on power of rural electric cooperatives to sell, lease or dispose of assets.

NRS 81.507 - Reversion of unclaimed capital credit to electric cooperative under certain circumstances.

NRS 81.510 - Agreements for unified action by cooperative corporations.

NRS 81.540 - Applicability and effect of NRS 81.410 to 81.540, inclusive.

NRS 81.550 - Short title.

NRS 81.560 - Declaration of policy.

NRS 81.570 - References to Internal Revenue Code.

NRS 81.580 - Definitions.

NRS 81.600 - "Director" defined.

NRS 81.605 - "Governing instrument" defined.

NRS 81.610 - "Private foundation" defined.

NRS 81.620 - Applicability of NRS 81.550 to 81.660, inclusive.

NRS 81.630 - Prohibited acts.

NRS 81.640 - Minimum distributions required.

NRS 81.650 - Amendment of governing instrument: Procedure.

NRS 81.660 - Amendment of governing instrument: Provision for termination of status of private foundation.

NRS 81.700 - Short title.

NRS 81.705 - Definitions.

NRS 81.710 - "Established practices" defined.

NRS 81.715 - "Governing principles" defined.

NRS 81.720 - "Manager" defined.

NRS 81.725 - "Member" defined.

NRS 81.730 - "Person" defined.

NRS 81.735 - "State" defined.

NRS 81.740 - "Unincorporated nonprofit association" defined.

NRS 81.745 - Relation to other law.

NRS 81.750 - Governing law.

NRS 81.755 - Legal entity; perpetual existence; powers.

NRS 81.760 - Ownership and transfer of property.

NRS 81.765 - Statement of authority as to real property.

NRS 81.770 - Liability.

NRS 81.775 - Assertion and defense of claims.

NRS 81.780 - Effect of judgment or order.

NRS 81.785 - Appointment of agent to receive service of process; service of process.

NRS 81.790 - Action or proceeding not abated by change in members or managers.

NRS 81.795 - Venue.

NRS 81.800 - Member not agent.

NRS 81.805 - Certain actions require approval by members.

NRS 81.810 - Meetings of members: Voting, notice and quorum requirements.

NRS 81.815 - Duties of member.

NRS 81.820 - Admission, suspension, dismissal or expulsion of members.

NRS 81.825 - Resignation of member.

NRS 81.830 - Membership interest not transferable.

NRS 81.835 - Selection of managers; management rights of managers.

NRS 81.840 - Duties of managers.

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

NRS 81.850 - Right of member or manager to information.

NRS 81.855 - Distributions prohibited; compensation and other permitted payments.

NRS 81.860 - Reimbursement; indemnification; advancement of expenses.

NRS 81.865 - Dissolution.

NRS 81.870 - Winding up and termination.

NRS 81.875 - Mergers.

NRS 81.880 - Transition concerning real and personal property.

NRS 81.885 - Uniformity of application and construction.

NRS 81.890 - Relations to Electronic Signatures in Global and National Commerce Act.

NRS 81.901 - Definitions.

NRS 81.903 - "Member" defined.

NRS 81.905 - "Membership share" defined.

NRS 81.907 - "Patronage" defined.

NRS 81.909 - "Patronage dividend" defined.

NRS 81.911 - "Quorum" defined.

NRS 81.913 - "Worker cooperative" defined.

NRS 81.915 - "Written notice of allocation" defined.

NRS 81.917 - Legislative findings and declarations.

NRS 81.919 - Election of corporation to be governed as worker cooperative; applicable law.

NRS 81.921 - Apportionment and distribution of net earnings and losses.

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.

NRS 81.925 - Reserve accounts; allocation of indivisible reserve account upon dissolution or sale.

NRS 81.927 - Authority to operate as internal capital account cooperative; accounts.

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.

NRS 81.931 - Board of directors: Composition; annual meeting with members; authority of members to override decisions; considerations when exercising powers.

NRS 81.933 - Membership shares; voting power of shares other than membership shares.

NRS 81.935 - Procedure for expulsion, termination or suspension of member.

NRS 81.937 - Action challenging expulsion, termination or suspension of member.

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

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

NRS 81.943 - Contents of notice.

NRS 81.945 - Means of providing notice; affidavit is prima facie evidence of proper notice.

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.

NRS 81.949 - Electronic notice of meeting not authorized in certain circumstances.

NRS 81.951 - Meetings adjourned to another time or place.

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

NRS 81.955 - Use of written ballots.

NRS 81.957 - Revocation of election to be governed as worker cooperative.

NRS 81.959 - Consolidation or merger.