Nevada Statutes
§ 81.640 — Minimum distributions required
Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 81 Miscellaneous· CHARITABLE ORGANIZATIONS
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).
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Legislative History
(Added to NRS by 1971, 632 ; A 1991, 1255 )