81.865 - Dissolution.
1. Â An unincorporated nonprofit association may be dissolved as follows:
(a) If the governing principles provide a time or method for dissolution, at that time or by that method;
(b) If the governing principles do not provide a time or method for dissolution, upon approval by the members;
(c) If no member can be located and the association’s operations have been discontinued for at least 3 years, by the managers or, if the association has no current manager, by its last manager;
(d) By court order; or
(e) Under law other than NRS 81.700 to 81.890, inclusive.
2. Â After dissolution, an unincorporated nonprofit association continues in existence until its activities have been wound up and it is terminated pursuant to NRS 81.870.
(Added to NRS by 2009, 699)