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Nevada Revised Statutes Title 7. Business Associations; Securities; Commodities § 82A.040. “Contribution” defined

Current as of January 01, 2025 | Updated by Findlaw Staff

1. “Contribution” means the promise or grant of any money or property of any kind or value.

2. The term does not include any:

(a) Bona fide fees; or

(b) Dues or assessments paid by members, if the membership is not conferred solely as a consideration for making a contribution in response to a solicitation.

3. Nothing in this section shall be construed to require a contribution to be tax deductible pursuant to the provisions of section 170 of the Internal Revenue Code, 26 U.S.C. § 170.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 7. Business Associations; Securities; Commodities § 82A.040. “Contribution” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-7-business-associations-securities-commodities/nv-rev-st-82a-040/

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