What is the minimum number of board members required by NRS 116?

The minimum number of board members required by Nevada Revised Statutes (NRS) 116 is three. This requirement ensures that there is sufficient diversity of opinion and effective governance within associations, while also promoting a balanced decision-making process. A three-member board allows for the possibility of a majority vote while avoiding the pitfalls of having an even number of members, which could lead to tie votes and potential deadlocks in decision-making.

Having three elected board members also aligns with best practices in community management, as it fosters collaboration and allows for different perspectives to be represented on the board, which is crucial for addressing the needs and concerns of the community effectively. This structure helps maintain transparency and accountability, essential attributes of a well-functioning association.

The other options suggest incorrect numbers that do not meet the statutory requirements set forth by NRS 116, which clearly outlines the necessity of having three elected members to ensure proper governance within any community association.