NAC82.200. “Contribution, donation, gift or the like” and “solicit” and “solicitation” defined; “executive personnel” interpreted.

For the purposes of NRS 82.392:

     1. “Contribution, donation, gift or the like” means the actual receipt of, or promise to pay or grant, money or an item of value, including, without limitation, a tangible good or asset, real property, a product or a service.

     2. “Solicit” or “solicitation” shall be deemed not to include a request for the payment of bona fide fees, dues or assessments by members of an organization, provided membership is not conferred solely as consideration for making a contribution or donation in response to a solicitation.

     3. The Secretary of State will interpret “executive personnel” to mean one or more persons, whether paid or volunteer, at the highest level of management of the corporation who has or have the day-to-day responsibilities for the management of the corporation, including, without limitation, responsibilities for policy making, planning and implementation, decision making, fundraising, supervising paid and volunteer staff, budget management, reporting and accountability, and working with the board of directors.

     (Added to NAC by Sec’y of State by R068-13, 12-23-2013, eff. 1-1-2014)