Nevada § 81.865 Dissolution

Nevada Statutes

§ 81.865 — Dissolution

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 81 Miscellaneous· Termination and Mergers

1. An unincorporated nonprofit association may be dissolved as follows:

(a)If the governing principles provide a time or method for dissolution, at that time or by that method ;

(b)If the governing principles do not provide a time or method for dissolution, upon approval by the members ;

(c)If no member can be located and the association’s operations have been discontinued for at least 3 years, by the managers or, if the association has no current manager, by its last manager;

(d)By court order; or

(e)Under law other than NRS 81.700 to 81.890 , inclusive. 2. After dissolution, an unincorporated nonprofit association continues in existence until its activities have been wound up and it is terminated pursuant to NRS 81.870 .

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1. An unincorporated nonprofit association may be dissolved as follows:
(a) If the governing principles provide a time or method for dissolution, at that time or by that method ;
(b) If the governing principles do not provide a time or method for dissolution, upon approval by the members ;
(c) If no member can be located and the association’s operations have been discontinued for at least 3 years, by the managers or, if the association has no current manager, by its last manager;
(d) By court order; or
(e) Under law other than NRS 81.700 to 81.890 , inclusive.
2. After dissolution, an unincorporated nonprofit association continues in existence until its activities have been wound up and it is terminated pursuant to NRS 81.870 .

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