§ 119B.330 — Assessment upon membership; notice of assessment; liens
This text of Nevada § 119B.330 (Assessment upon membership; notice of assessment; liens) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
The association or other manager may levy and enforce a reasonable assessment upon a member in accordance with the contract. The assessment is a debt of the member at the time the assessment is made. The amount of the assessment plus any other charges thereon, such as interest, costs, attorney’s fees and penalties, as may be provided for in the contract of membership is a lien upon the member’s interest in the contract of membership. The notice of assessment must state:
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Nevada § 119B.330, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/119B.330.