Nevada § 116.212 - Master associations

§ 116.212. Master associations

1. If the declaration provides that any of the powers described in NRS 116.3102 are to be exercised by or may be delegated to a profit or nonprofit corporation that

exercises those or other powers on behalf of one or more common-interest communities

or for the benefit of the units' owners of one or more common-interest communities,

or on behalf of a common-interest community and a time-share plan created pursuant

to chapter 119A of NRS , all provisions of this chapter applicable to unit-owners' associations apply to

any such corporation, except as modified by this section. 2. Unless it is acting in the capacity of an association described in NRS 116.3101 , a master association may exercise the powers set forth in paragraph (b) of subsection

1 of NRS 116.3102 only to the extent expressly permitted in: (a) The declarations of common-interest communities which are part of the master association

or expressly described in the delegations of power from those common-interest communities

to the master association; or (b) The declaration of the common-interest community which is a part of the master

association and the time-share instrument creating the time-share plan governed by

the master association. 3. If the declaration of any common-interest community provides that the executive

board may delegate certain powers to a master association, the members of the executive

board have no liability for the acts or omissions of the master association with respect

to those powers following delegation. 4. The rights and responsibilities of units' owners with respect to the unit-owners'

association set forth in NRS 116.3103 , 116.31032 , 116.31034 , 116.31036 , 116.3108 , 116.31085 , 116.3109 , 116.311 , 116.31105 and 116.3112 apply in the conduct of the affairs of a master association only to persons who elect

the board of a master association, whether or not those persons are otherwise units'

owners within the meaning of this chapter. 5. Even if a master association is also an association described in NRS 116.3101 , the certificate of incorporation or other instrument creating the master association

and the declaration of each common-interest community, the powers of which are assigned

by the declaration or delegated to the master association, may provide that the executive

board of the master association must be elected after the period of the declarant's

control in any of the following ways: (a) All units' owners of all common-interest communities subject to the master association

may elect all members of the master association's executive board. (b) All members of the executive boards of all common-interest communities subject

to the master association may elect all members of the master association's executive

board. (c) All units' owners of each common-interest community subject to the master association

may elect specified members of the master association's executive board. (d) All members of the executive board of each common-interest community subject to

the master association may elect specified members of the master association's executive

board.