Nevada Revised Statutes 81.770 – Liability
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1. A debt, obligation or other liability of an unincorporated nonprofit association, whether arising in contract, tort or otherwise:
Terms Used In Nevada Revised Statutes 81.770
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
‘ (a) Is solely the debt, obligation or other liability of the association; and
2. A person‘s status as a member or manager does not prevent or restrict law other than the provisions of NRS 81.700 to 81.890, inclusive, from imposing liability on the person or the association because of the person’s conduct.