Reserve accounts; allocation of indivisible reserve account upon dissolution or sale.
Nev. Rev. Stat. § 81.925
in effect1. A worker cooperative may use:
(a) A divisible reserve account; or
(b) An indivisible reserve account.
2. An account used pursuant to subsection 1 may be used to pay the expenses of a worker cooperative, including, without limitation, wages.
3. 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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-081.htmlFetched: 10/4/2026