1. An unincorporated nonprofit association may acquire, hold, encumber or transfer in its name an interest in real or personal property.
2. An unincorporated nonprofit association may be a beneficiary of a trust or contract, a legatee or a devisee.
Ownership and transfer of property
(Added to NRS by 2009, 694)
1. An unincorporated nonprofit association may acquire, hold, encumber or transfer in its name an interest in real or personal property.
2. An unincorporated nonprofit association may be a beneficiary of a trust or contract, a legatee or a devisee.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.