Nevada Code § 81.875

Mergers
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1. An unincorporated nonprofit association
may merge with any organization that is authorized by law to merge with an
unincorporated nonprofit association.
2. A merger involving an unincorporated
nonprofit association is subject to the following rules:
(a) Each constituent organization shall comply
with its governing law.
(b) Each party to the merger shall approve a plan
of merger. The plan, which must be in a record, must include the following
provisions:
(1) The name and form of each organization
that is a party to the merger;
(2) The name and form of the surviving
organization and, if the surviving organization is to be created by the merger,
a statement to that effect;
(3) If the surviving organization is to be
created by the merger, the surviving organizations organizational documents
that are proposed to be in a record;
(4) If the surviving organization is not
to be created by the merger, any amendments to be made by the merger to the
surviving organizations organizational documents that are, or are proposed to
be, in a record; and
(5) The terms and conditions of the
merger, including the manner and basis for converting the interests in each
constituent organization into any combination of money, interests in the
surviving organization, and other consideration except that the plan of merger
may not permit members of an unincorporated nonprofit association to receive
merger consideration if a distribution of such consideration would not be
permitted in the absence of a merger under NRS
81.855 and 81.870 .
(c) The plan of merger must be approved by the
members of each unincorporated nonprofit association that is a constituent
organization in the merger. If a plan of merger would impose personal liability
for an obligation of a constituent or surviving organization on a member of an
association that is a party to the merger, the plan may not take effect unless
it is approved in a record by the member.
(d) Subject to the contractual rights of third
parties, after a plan of merger is approved and at any time before the merger
is effective, a constituent organization may amend the plan or abandon the
merger as provided in the plan, or except as otherwise prohibited in the plan,
with the same consent as was required to approve the plan.
(e) Following approval of the plan, a merger
under this section is effective:
(1) If a constituent organization is
required to give notice to or obtain the approval of a governmental agency or
officer in order to be a party to a merger, when the notice has been given and
the approval has been obtained; and
(2) If the surviving organization:
(I) Is an unincorporated nonprofit
association, as specified in the plan of merger and upon compliance by any
constituent organization that is not an association with any requirements,
including any required filings in the Office of the Secretary of State, of the
organizations governing statute; or
(II) Is not an unincorporated
nonprofit association, as provided by the statutes governing the surviving
organization.
3. When a merger becomes effective:
(a) The surviving organization continues or comes
into existence;
(b) Each constituent organization that merges
into the surviving organization ceases to exist as a separate entity;
(c) All property owned by each constituent
organization that ceases to exist vests in the surviving organization;
(d) All debts, obligations or other liabilities
of each nonsurviving organization continue as debts, obligations or other
liabilities of the surviving organization;
(e) An action or proceeding pending by or against
any nonsurviving organization may be continued as if the merger had not
occurred;
(f) Except as prohibited by law other than NRS 81.700 to 81.890 , inclusive, all of the rights,
privileges, immunities, powers and purposes of each constituent organization
that ceases to exist vest in the surviving organization;
(g) Except as otherwise provided in the plan of
merger, the terms and conditions of the plan of merger take effect;
(h) The merger does not affect the personal
liability, if any, of a member or manager of a constituent organization for a
debt, obligation or other liability incurred before the merger is effective;
and
(i) A surviving organization that is not
organized in this State is subject to the jurisdiction of the courts of this
State to enforce any debt, obligation or other liability owed by a constituent
organization if, before the merger, the constituent organization was subject to
suit in this State for the debt, obligation or other liability.
4. Property held for a charitable purpose
under the laws of this State by a constituent organization immediately before a
merger under this section becomes effective may not, as a result of the merger,
be diverted from the objects for which it was given, unless, to the extent
required by or pursuant to the laws of this State concerning cy-pres or other
law dealing with nondiversion of charitable assets, the organization obtains an
appropriate order of the court specifying the disposition of the property.
5. A bequest, devise, gift, grant or
promise contained in a will or other instrument of donation, subscription or
conveyance that is made to a nonsurviving organization and that takes effect or
remains payable after the merger inures to the surviving organization. A trust
obligation that would govern property if transferred to the nonsurviving
organization applies to property that is transferred to the surviving
organization under this section.
6. As used in this section:
(a) Constituent organization means an
organization that is merged with one or more other organizations, including the
surviving organization.
(b) Nonsurviving organization means a
constituent organization that is not the surviving organization.
(c) Organization means an unincorporated
nonprofit association, a general partnership, including a limited-liability
partnership, limited partnership, including a limited-liability limited
partnership, limited-liability company, business or statutory trust,
corporation, or any other legal or commercial entity having a statute governing
its formation and operation. The term includes a for-profit or nonprofit
organization.
(d) Surviving organization means an
organization into which one or more other organizations are merged.

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