Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 116.310315: Accounting for fines imposed by association.

Where this section sits in the code

TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS
CHAPTER 116 - COMMON-INTEREST OWNERSHIP (UNIFORM ACT)
MANAGEMENT OF COMMON-INTEREST COMMUNITIES
General Provisions

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.

Collected 2026-09-03T05:51:32Z. Source file · JSON

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