Nev. Rev. Stat. § 81.640

Minimum distributions required

Find cases: SyfertCases citing this section NRSleg.state.nv.us (official) Justiaon Justia CornellLII Search CasesGoogle Scholar
NRS 81.640  Minimum distributions required.  Unless otherwise provided in the governing instrument, in the administration of any private foundation, there must be distributed for the purposes specified in the governing instrument, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by Section 4942(a).

      (Added to NRS by 1971, 632; A 1991, 1255)