164.653 - “Institution” defined. - Nevada Statutes

164.653  “Institution” defined.  “Institution” means:

      1.  A person, other than an individual, organized and operated exclusively for charitable purposes;

      2.  A government or governmental subdivision, agency or instrumentality, to the extent that it holds funds exclusively for a charitable purpose; and

      3.  A trust that had both charitable and noncharitable interests, after all noncharitable interests have terminated.

      (Added to NRS by 2007, 112)