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Nev. Rev. Stat. § 117.065

Maintenance fees: Custodial accounts; records

Nevada · Nevada Revised Statutes Chapter 117 — Condominiums · Status: effective

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Nev. Rev. Stat. § 117.065, Maintenance fees: Custodial accounts; records, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2081530
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Any person who receives fees from a purchaser of a condominium for the maintenance of the project shall: 1. Immediately deposit the money in a separate custodial account maintained by the person with some bank, credit union or recognized depositary in this State. 2. Keep records of all such money deposited therein.