Nevada § 81.937 Action challenging expulsion, termination or suspension of member

Nevada Statutes

§ 81.937 — Action challenging expulsion, termination or suspension of member

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

1.An action challenging an expulsion, termination or suspension of a member, including, without limitation, a claim alleging defective notice, pursuant to NRS 81.935 must be commenced within 1 year after the date of the expulsion, termination or suspension.

2.If a member is successful in his or her claim pursuant to subsection 1, a court may order any relief, including, without limitation, the reinstatement of a membership.

3.Unless a court finds that the member was expelled, terminated or suspended in bad faith in order to affect the outcome of a vote, a decision made by a vote of the members or the board of directors of a workers cooperative must not be set aside because a member was successful in his or her claim pursuant to subsection 1.

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1. An action challenging an expulsion, termination or suspension of a member, including, without limitation, a claim alleging defective notice, pursuant to NRS 81.935 must be commenced within 1 year after the date of the expulsion, termination or suspension.
2. If a member is successful in his or her claim pursuant to subsection 1, a court may order any relief, including, without limitation, the reinstatement of a membership.
3. Unless a court finds that the member was expelled, terminated or suspended in bad faith in order to affect the outcome of a vote, a decision made by a vote of the members or the board of directors of a workers cooperative must not be set aside because a member was successful in his or her claim pursuant to subsection 1.

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