NRS 678.520
Eligibility of minor

  • limitations.

1.

Shares may be issued to and deposits received from a minor and such minor may withdraw the shares and deposits, including the dividends and interest thereon. For purposes of making deposits, share investments and withdrawals a minor shall be deemed of legal age.

2.

A minor under 16 years of age is not entitled to vote in the meeting of the members either personally or through his or her parent or guardian. A person may not become a director until he or she has reached the age of majority.

Source: Section 678.520 — Eligibility of minor; limitations., https://www.­leg.­state.­nv.­us/NRS/NRS-678.­html#NRS678Sec520.

Last Updated

Feb. 3, 2020

§ 678.520’s source at nv​.us