Nevada Code § 81.240

Bylaws: Required and optional provisions concerning profits
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1. The bylaws shall provide for the time
and manner in which profits shall be divided between the members, and what
proportion of the profits, if any, shall be added to the common property or
funds of the association.
2. The bylaws may provide that the
directors may suspend or pass the payment of any such profit or installment of
earnings at their discretion.

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