Nevada Revised Statutes 695A.530 – Applicability of provisions relating to trade practices and frauds
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A society authorized to do business in this state and its agents are subject to the provisions of chapter 686A of NRS relating to trade practices and frauds, except that nothing in that chapter applies to or affects:
Terms Used In Nevada Revised Statutes 695A.530
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
1. The right of a society to determine its eligibility requirements for membership; or
2. The offering of benefits exclusively to members or persons eligible for membership in the society by a subsidiary corporation or affiliated organization of the society.