NRS 385.093
Income not to inure to any person

exceptions.

Any income of the nonprofit corporation may not inure to any member thereof or to any other natural person or partnership or corporation, excluding any payment of the expenses of the corporation for its operation and maintenance and any other obligations based on contract or tort.

Higher Education Student Loan Program

Source: Section 385.093 — Income not to inure to any person; exceptions., https://www.leg.state.nv.us/NRS/NRS-385.html#NRS385Sec093.

385.091
Formation. 385.092
Nature. 385.093
Income not to inure to any person

Last Updated

Feb. 5, 2021

§ 385.093’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_385.093

Original Source: Section 385.093 — Income not to inure to any person; exceptions., https://www.leg.state.nv.us/NRS/NRS-385.html#NRS385Sec093 (last accessed Feb. 5, 2021).

NRS 385.093 Income not to inure to any person

NRS 385.093
Income not to inure to any person