Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES |
CHAPTER81. Miscellaneous Organizations |
UNINCORPORATED NONPROFIT ASSOCIATIONS (UNIFORM ACT) |
General Provisions |
NRS81.740. “Unincorporated nonprofit association” defined.
Latest version.
- “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 purposes. The term does not include:
1. A trust;
2. A marriage, domestic partnership, common law domestic relationship, civil union or other domestic living arrangement;
3. An organization formed under any other statute that governs the organization and operation of unincorporated associations;
4. A joint tenancy, tenancy in common or tenancy by the entireties, even if the co-owners share use of the property for a nonprofit purpose; or
5. A relationship under an agreement in a record which expressly provides that the relationship between the parties does not create an unincorporated nonprofit association.
(Added to NRS by 2009, 693)