Nevada Administrative Code Chapter 81 - Miscellaneous Organizations
Nevada Administrative Code (NAC) – Chapter 81: Miscellaneous Organizations
This chapter governs the regulations related to various types of nonprofit and non-corporate entities that do not fall under more specific classifications in the NAC. It supplements Nevada Revised Statutes (NRS) Chapter 81.
Key Areas Covered in NAC Chapter 81:
1. General Provisions
Defines the types of organizations governed under this chapter, which include:
Nonprofit cooperative associations
Religious and charitable societies
Labor organizations
Fraternal and mutual benefit societies
2. Filing Requirements
Rules for filing Articles of Incorporation or Association with the Nevada Secretary of State.
Annual list and business license renewal procedures.
Requirements for amending articles and dissolving organizations.
3. Cooperative Associations
Details specific provisions for nonprofit cooperatives, such as:
Member voting rights
Board of directors’ responsibilities
Distribution of profits or surpluses (often reinvested or distributed to members based on patronage)
4. Special Types of Organizations
Some subsections may address:
Cemetery associations
Benevolent or mutual aid societies
Religious or ecclesiastical corporations
5. Miscellaneous Provisions
Standards for recordkeeping, notice to members, and rights to inspect records.
Provisions for judicial dissolution under certain conditions.
Key Takeaways:
NAC Chapter 81 supports NRS Chapter 81 by providing administrative details for forming and maintaining miscellaneous nonprofit organizations.
The chapter ensures transparency and uniformity in the operation of such organizations.
It is particularly important for organizations not fitting into traditional corporate or charitable categories but still requiring legal recognition and governance standards.
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