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NRS 81.715

“Governing principles” defined

Applied in 1 court decision — leading case Vitale & Associates, LLC v. Sue Lowden (2017)

Most recently applied in Vitale & Associates, LLC v. Sue Lowden (May 2017)

(Added to NRS by 2009, 692)

“Governing principles” means the agreements, whether oral, in a record or implied from its established practices, that govern the purpose or operation of an unincorporated nonprofit association and the rights and obligations of its members and managers. The term includes any amendment or restatement of the agreements constituting the governing principles.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.