NRS 396.7997
Income of nonprofit corporation.

Any income of the corporation shall not inure to any member thereof or to any other private person, partnership or corporation, excluding any payment of the nonprofit corporation’s operation and maintenance expenses, any securities requirements, and any other obligations based on contract or tort.

Source: Section 396.7997 — Income of nonprofit corporation., https://www.leg.state.nv.us/NRS/NRS-396.html#NRS396Sec7997 (accessed May 26, 2025).

396.7992
Formation of nonprofit corporation: Powers of Board of Regents. 396.7993
System and Board of Regents not obligated to acquire property from nonprofit corporation. 396.7994
Status of nonprofit corporation on formation. 396.7995
Limitations on activities of nonprofit corporation. 396.7996
Activities of nonprofit corporation public in nature. 396.7997
Income of nonprofit corporation. 396.7998
Beneficial interest of System and Board of Regents in nonprofit corporation. 396.7999
Approval of corporate acts by System.

May 26, 2025

§ 396.7997. Income of nonprofit corporation.'s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_396.7997

Original Source: Section 396.7997 — Income of nonprofit corporation., https://www.leg.state.nv.us/NRS/NRS-396.html#NRS396Sec7997 (last accessed May 10, 2025).

NRS 396.7997 Income of nonprofit corporation.

NRS 396.7997
Income of nonprofit corporation.