For the lazy...
Quote:
NRS 361.100 Exemption of property of university fraternities and sororities. All real property owned by any fraternity or sorority, or chapter thereof, which is composed of students of the University of Nevada, Reno, or the University of Nevada, Las Vegas, and used as a home for its members is exempt from taxation.
[Part 1:344:1953; A 1954, 29; 1955, 340]—(NRS A 1967, 982; 1969, 1432; 1979, 132; 1991, 2093)
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Clearly not illegal to have them or they wouldn't be mentioned.
And the other law is for licensure of houses of prostitution, suggesting that you're not one unless you're licensed as one (or illegally acting as one without a license.) No sorority house is going to fall under those guidelines
