Liability and penalty for unauthorized use or investment of funds.

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Any member of a board of trustees or any officer or director of a corporation or association violating any of the provisions of NRS 452.160 shall be personally liable therefor, and shall upon conviction thereof be guilty of a misdemeanor.

[2:40:1931;1931 NCL § 981.01] — (NRS A 1967, 583; 1971, 2075)


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