General Provisions

NAC 116B.100. Assessments for common expenses and shared expenses: “Adequate reserves” interpreted.

Unit Owners’ Associations

NAC 116B.150. Executive board: Determination by Commission of whether members have performed their duties.

NAC 116B.160. Adoption by reference of reporting principles and practices of financial accounting.

NAC 116B.170. Contents of budget to maintain reserve.

NAC 116B.180. Availability of records of association: “Regular working hours” interpreted.

NAC 116B.190. Annual fee required from certain associations for deposit in Account for Common-Interest Communities and Condominium Hotels.

NAC 116B.200. Preparation, contents and distribution of interim financial statements.

NAC 116B.210. Presentation and contents of interim financial statements subject to audit or review.

NAC 116B.220. Preparation and contents of audited financial statements; qualifications of person performing audit.

NAC 116B.230. Inclusion of additional funds in financial statements.

NAC 116B.240. Review of financial statements; qualifications of person performing review.

NAC 116B.250. Annual registration with Division: Required information.

Hotel Unit Owners

NAC 116B.300. Persons authorized to take action required to be taken by hotel unit owner.

NAC 116B.310. Preparation of financial statements and budgets; auditing of annual financial statements.

NAC 116B.320. Preparation, contents and availability of interim financial statements.

NAC 116B.330. Preparation, contents and availability of audited financial statements; qualifications of person performing audit.

NAC 116B.340. Inclusion of certain additional information in financial statements.

NAC 116B.350. Reserve study: Determination of reduction in useful life of shared components and hotel unit.

NAC 116B.360. Fees for preparation of certificate for resale of unit; additional fees.

Receipt of Gifts, Incentives, Gratuities, Rewards or Other Items of Value

NAC 116B.400. Restriction on members of executive boards and officers of associations.

NAC 116B.410. Restriction on community managers and employees of community managers.

NAC 116B.420. Attendance of or participation in approved class.

NAC 116B.430. Compliance with statutory prohibition.