There is a newer version
of
this Statute
2020 Nevada Revised Statutes
Chapter 116 - Common-Interest Ownership (Uniform Act)
NRS 116.310315 - Accounting for fines imposed by association.
Universal Citation: NV Rev Stat § 116.310315 (2020)
If an association has imposed a fine against a unit’s owner or a tenant or an invitee of a unit’s owner or a tenant pursuant to NRS 116.31031 for violations of the governing documents of the association, the association shall establish a compliance account to account for the fine, which must be separate from any account established for assessments.
(Added to NRS by 1997, 3112; A 2005, 1715; 2009, 2882, 2915) — (Substituted in revision for NRS 116.31145)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
