Distributions prohibited; compensation and other permitted payments.
Nev. Rev. Stat. § 81.855
in effect1. Except as otherwise provided in subsection 2, an unincorporated nonprofit association may not pay dividends or make distributions to a member or manager.
2. An unincorporated nonprofit association may:
(a) Pay reasonable compensation or reimburse reasonable expenses to a member or manager for services rendered;
(b) Confer benefits on a member or manager in conformity with its nonprofit purposes;
(c) Repurchase a membership and repay a capital contribution made by a member to the extent authorized by its governing principles; or
(d) Make distributions of property to members upon winding up and termination to the extent permitted by NRS 81.870 .
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-081.htmlFetched: 10/4/2026