{"data":{"id":"us-nv/nrs-81.925","jurisdiction":"us-nv","citation":"NRS 81.925","heading":"Reserve accounts; allocation of indivisible reserve account upon dissolution or sale.","body":"1. A worker cooperative may use:\n(a) A divisible reserve account; or\n(b) An indivisible reserve account.\n2. An account used pursuant to subsection 1 may be used to pay the expenses of a worker cooperative, including, without limitation, wages.\n3. Upon the dissolution or sale of a worker cooperative, an indivisible reserve account of the worker cooperative must be allocated to an indivisible reserve account of another worker cooperative or nonprofit corporation.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 81 - MISCELLANEOUS ORGANIZATIONS","WORKER COOPERATIVE CORPORATIONS","Formation and Operation"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-081.html#NRS081Sec925","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"31ab0e34bb7a721083fecc5a2a87b4220944a4988b2aed5a314e5857342e182b","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-81.923","next":"us-nv/nrs-81.927"},"notice":"GroundRules: Original legal text. Not legal advice."}