81.815 - Duties of member. - Nevada Statutes

81.815  Duties of member.

      1.  A member does not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member.

      2.  A member shall discharge the duties to the unincorporated nonprofit association and the other members and exercise any rights under the provisions of NRS 81.700 to 81.890, inclusive, consistent with the governing principles and the obligation of good faith and fair dealing.

      (Added to NRS by 2009, 696)