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Nev. Rev. Stat. § 116.310315

Accounting for fines imposed by association

Nevada · Nevada Revised Statutes Chapter 116 — Common-Interest Ownership (Uniform Act) · Status: effective

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Nev. Rev. Stat. § 116.310315, Accounting for fines imposed by association, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2081041
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If an association has imposed a fine against a unit’s owner or a tenant or an invitee of a unit’s owner or a tenant pursuant to NRS 116.31031 for violations of the governing documents of the association, the association shall establish a compliance account to account for the fine, which must be separate from any account established for assessments.