Nevada § 81.815 Duties of member

Nevada Statutes

§ 81.815 — Duties of member

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 81 Miscellaneous· Members and Managers

1.A member does not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member.

2.A member shall discharge the duties to the unincorporated nonprofit association and the other members and exercise any rights under the provisions of NRS 81.700 to 81.890 , inclusive, consistent with the governing principles and the obligation of good faith and fair dealing.

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1. A member does not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member.
2. A member shall discharge the duties to the unincorporated nonprofit association and the other members and exercise any rights under the provisions of NRS 81.700 to 81.890 , inclusive, consistent with the governing principles and the obligation of good faith and fair dealing.

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