1.  A member may resign as a member in accordance with the governing principles. In the absence of applicable governing principles, a member may resign at any time.

Terms Used In Nevada Revised Statutes 81.825

  • 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.

‘ 2.  Unless the governing principles provide otherwise, resignation of a member does not relieve the member from any unpaid capital contribution, dues, assessments, fees or other obligation incurred or commitment made by the member before resignation.

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