Nevada Statutes
§ 82A.040 — “Contribution” defined
Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 82A Solicitation· GENERAL PROVISIONS
1. “Contribution” means the promise or grant of any money or property of any kind or value. 2. The term does not include any:
(a)Bona fide fees; or
(b)Dues or assessments paid by members, if the membership is not conferred solely as a consideration for making a contribution in response to a solicitation.
3. Nothing in this section shall be construed to require a contribution to be tax deductible pursuant to the provisions of section 170 of the Internal Revenue Code, 26 U.S.C. § 170.
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Related
§ 170
26 U.S.C. § 170
Legislative History
(Added to NRS by 2015, 2248 ; A 2021, 224 )
Nearby Sections
15
§ 82A.010
Definitions§ 82A.015
“Alumni association” defined§ 82A.025
“Charitable organization” defined§ 82A.035
“Church” defined§ 82A.040
“Contribution” defined§ 82A.050
“Form 990” defined§ 82A.060
“Nonprofit organization” defined§ 82A.070
“Solicit” defined§ 82A.080
Applicability§ 82A.085
Regulations