Nevada § 231A.310 - Qualified community development entity or impact qualified community development entity not entitled to pay to affiliates fees in connection with qualified investments before decertification
Full text of Nevada Nevada Revised Statutes § 231A.310 — Qualified community development entity or impact qualified community development entity not entitled to pay to affiliates fees in connection with qualified investments before decertification, with citation guidance and answers to common questions.
§ 231A.310. Qualified community development entity or impact qualified community development entity not entitled to pay to affiliates fees in connection with qualified investments before decertification
A qualified community development entity or impact qualified community development
entity is not entitled to pay to any affiliate of the qualified community development
entity or impact qualified community development entity any fees in connection with
any activity under this chapter before decertification pursuant to NRS 231A.300 of all qualified equity investments or impact qualified equity investments issued
by the qualified community development entity or impact qualified community development
entity. This section does not prohibit a qualified community development entity or impact
qualified community development entity from allocating or distributing income earned
by it to such affiliates or paying reasonable interest on amounts loaned to the qualified
community development entity or impact qualified community development entity by those
affiliates.
Frequently Asked Questions About Nevada § 231A.310
What does Nevada Revised Statutes § 231A.310 cover?
Section 231A.310 ("Qualified community development entity or impact qualified community development entity not entitled to pay to affiliates fees in connection with qualified investments before decertification") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 231A.310?
A common citation format is "Nevada Revised Statutes § 231A.310" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 231A.310 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.