NRS 81.640
Minimum distributions required.


Unless otherwise provided in the governing instrument, in the administration of any private foundation, there must be distributed for the purposes specified in the governing instrument, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by Section 4942(a).

Source: Section 81.640 — Minimum distributions required., https://www.­leg.­state.­nv.­us/NRS/NRS-081.­html#NRS081Sec640.

Last Updated

Feb. 5, 2021

§ 81.640’s source at nv​.us