81.760 - Ownership and transfer of property.

81.760  Ownership and transfer of property.

      1.  An unincorporated nonprofit association may acquire, hold, encumber or transfer in its name an interest in real or personal property.

      2.  An unincorporated nonprofit association may be a beneficiary of a trust or contract, a legatee or a devisee.

      (Added to NRS by 2009, 694)