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NRS 87.001 - Definitions. - As used in this chapter, unless the context otherwise requires,...
NRS 87.002 - "Business" defined. - "Business" includes every business, trade and occupation. (Added to NRS...
NRS 87.007 - "State" defined. - "State" means a state of the United States, the District...
NRS 87.010 - Short title. - NRS 87.010 to 87.430, inclusive, may be cited as the...
NRS 87.020 - Definitions. - As used in NRS 87.010 to 87.430, inclusive, unless the...
NRS 87.025 - Applicability. - The provisions of NRS 87.010 to 87.430, inclusive, apply to...
NRS 87.030 - Interpretation of knowledge and notice. - 1. A person has "knowledge" of a fact within the...
NRS 87.040 - Rules of construction. - 1. The rule that statutes in derogation of the common...
NRS 87.050 - Rules for cases not provided for in NRS 87.010 to 87.430, inclusive. - In any case not provided for in NRS 87.010 to...
NRS 87.060 - Partnership defined. - 1. Except as otherwise provided in subsection 2, a partnership...
NRS 87.070 - Rules for determining existence of partnership. - In determining whether a partnership exists, these rules apply: 1....
NRS 87.080 - Property of partnership. - 1. All property originally brought into the partnership stock or...
NRS 87.4321 - Partnership as entity. - 1. A partnership is an entity distinct from its partners....
NRS 87.4322 - Formation of partnership. - 1. Except as otherwise provided in subsection 2, the association...
NRS 87.4323 - Partnership property. - Property acquired by a partnership is property of the partnership...
NRS 87.4324 - When property is partnership property. - 1. Property is partnership property if acquired in the name...
NRS 87.090 - Partner agent of partnership; restrictions on authority. - 1. Every partner is an agent of the partnership for...
NRS 87.100 - Conveyance of real property of partnership. - 1. Where title to real property is in the partnership...
NRS 87.110 - Partnership bound by admission of partner. - An admission or representation made by any partner concerning partnership...
NRS 87.120 - Partnership charged with knowledge of or notice to partner. - Notice to any partner of any matter relating to partnership...
NRS 87.130 - Partnership bound by partner’s wrongful act. - Where by any wrongful act or omission of any partner...
NRS 87.140 - Partnership bound by partner’s breach of trust. - The partnership is bound to make good the loss: 1....
NRS 87.150 - Nature of partner’s liability. - 1. Except as otherwise provided in subsection 2, all partners...
NRS 87.160 - Partner by estoppel. - 1. When a person, by words spoken or written or...
NRS 87.170 - Liability of incoming partner. - A person admitted as a partner into an existing partnership...
NRS 87.4325 - Partner agent of partnership. - Subject to the effect of a statement of partnership authority...
NRS 87.4326 - Transfer of partnership property. - 1. Partnership property may be transferred as follows: (a) Subject...
NRS 87.4327 - Statement of partnership authority. - 1. A partnership may file a statement of partnership authority,...
NRS 87.4328 - Statement of denial. - A partner or other person named as a partner in...
NRS 87.4329 - Partnership liable for actionable conduct of partner. - 1. A partnership is liable for loss or injury caused...
NRS 87.433 - Liability of partners. - 1. Except as otherwise provided in subsections 2 and 3,...
NRS 87.4331 - Actions by and against partnership and partners. - 1. A partnership may sue and be sued in the...
NRS 87.4332 - Liability of purported partner. - 1. If a person, by words or conduct, purports to...
NRS 87.180 - Rules determining rights and duties of partners. - The rights and duties of the partners in relation to...
NRS 87.190 - Partnership’s books. - The partnership books shall be kept, subject to any agreement...
NRS 87.200 - Duty of partners to render information. - Partners shall render on demand true and full information of...
NRS 87.210 - Partner accountable as fiduciary. - 1. Every partner must account to the partnership for any...
NRS 87.220 - Right to formal account. - Any partner shall have the right to a formal account...
NRS 87.230 - Continuation of partnership beyond fixed term. - 1. When a partnership for a fixed term or particular...
NRS 87.240 - Extent of property rights of partner. - The property rights of a partner are: 1. His or...
NRS 87.250 - Nature of partner’s right in specific property of partnership. - 1. A partner is co-owner with the other partners of...
NRS 87.260 - Nature of partner’s interest in partnership. - A partner’s interest in the partnership is his or her...
NRS 87.270 - Assignment of partner’s interest. - 1. A conveyance by a partner of his or her...
NRS 87.280 - Partner’s interest subject to charging order. - 1. On due application to a competent court by any...
NRS 87.290 - Dissolution defined. - The dissolution of a partnership is the change in the...
NRS 87.300 - Partnership not terminated by dissolution. - On dissolution the partnership is not terminated, but continues until...
NRS 87.310 - Causes of dissolution. - Dissolution is caused: 1. Without violation of the agreement between...
NRS 87.320 - Dissolution by decree of court. - 1. On application by or for a partner the court...
NRS 87.330 - General effect of dissolution on authority of partner. - Except so far as may be necessary to wind up...
NRS 87.340 - Right of partner to contribution from copartners after dissolution. - Where the dissolution is caused by the act, death or...
NRS 87.350 - Power of partner to bind partnership to third persons after dissolution. - 1. After dissolution a partner can bind the partnership except...
NRS 87.360 - Effect of dissolution on partner’s existing liability. - 1. The dissolution of the partnership does not of itself...
NRS 87.370 - Right to wind up. - Unless otherwise agreed the partners who have not wrongfully dissolved...
NRS 87.380 - Rights of partners to application of property of partnership. - 1. When dissolution is caused in any way, except in...
NRS 87.390 - Rights where partnership is dissolved for fraud or misrepresentation. - Where a partnership contract is rescinded on the ground of...
NRS 87.400 - Rules for distribution. - In settling accounts between the partners after dissolution, the following...
NRS 87.410 - Liability of persons who continue business of partnership in certain cases. - 1. When any new partner is admitted into an existing...
NRS 87.420 - Rights of retiring or estate of deceased partner when business of partnership is continued. - When any partner retires or dies, and the business is...
NRS 87.430 - Accrual of actions. - The right to an account of a partner’s interest shall...
NRS 87.4301 - Short title. - NRS 87.4301 to 87.4357, inclusive, may be cited as the...
NRS 87.4302 - Definitions. - As used in NRS 87.4301 to 87.4357, inclusive, unless the...
NRS 87.4303 - "Debtor in bankruptcy" defined. - "Debtor in bankruptcy" means a person who is the subject...
NRS 87.4304 - "Distribution" defined. - "Distribution" means a transfer of money or other property from...
NRS 87.4305 - "Partnership" defined. - "Partnership" means an association of two or more persons to...
NRS 87.4306 - "Partnership agreement" defined. - "Partnership agreement" means the agreement, whether written, oral or implied,...
NRS 87.4307 - "Partnership at will" defined. - "Partnership at will" means a partnership in which the partners...
NRS 87.4308 - "Partnership interest" and "partner’s interest in the partnership" defined. - "Partnership interest" or "partner’s interest in the partnership" means all...
NRS 87.4309 - "Person" defined. - "Person" means any natural person, corporation, business trust, estate, trust,...
NRS 87.431 - "Property" defined. - "Property" means all property, real, personal or mixed, tangible or...
NRS 87.4311 - "Registered limited-liability partnership" defined. - "Registered limited-liability partnership" means a partnership formed pursuant to an...
NRS 87.4312 - "Statement" defined. - "Statement" means: 1. A statement of partnership authority under NRS...
NRS 87.4313 - "Transfer" defined. - "Transfer" includes an assignment, conveyance, lease, mortgage, deed and encumbrance....
NRS 87.4314 - Applicability. - The provisions of NRS 87.4301 to 87.4357, inclusive, apply to...
NRS 87.4315 - Knowledge and notice. - 1. A person knows a fact if the person has...
NRS 87.4316 - Effect of partnership agreement; nonwaivable provisions. - 1. Except as otherwise provided in subsection 2, relations among...
NRS 87.4317 - Supplemental principles of law. - 1. Unless displaced by particular provisions of NRS 87.4301 to...
NRS 87.4318 - Execution, filing and recording of statements. - 1. A statement may be filed in the Office of...
NRS 87.4319 - Governing law. - Except as otherwise provided in NRS 87.560, the law of...
NRS 87.432 - Partnership subject to amendment to or repeal of NRS 87.4301 to 87.4357, inclusive. - A partnership governed by NRS 87.4301 to 87.4357, inclusive, is...
NRS 87.4333 - Rights and duties of partner. - 1. Each partner is deemed to have an account that...
NRS 87.4334 - Distributions in kind. - A partner has no right to receive, and may not...
NRS 87.4335 - Rights and duties of partner with respect to information. - 1. A partnership shall keep its books and records, if...
NRS 87.4336 - Conduct of partner: General standards. - 1. The only fiduciary duties a partner owes to the...
NRS 87.4337 - Actions by partnership and partners. - 1. A partnership may maintain an action against a partner...
NRS 87.4338 - Continuation of partnership beyond definite term or particular undertaking. - 1. If a partnership for a definite term or particular...
NRS 87.4339 - Partner not co-owner of partnership property. - A partner is not a co-owner of partnership property and...
NRS 87.434 - Transferable interest of partner in partnership. - The only transferable interest of a partner in the partnership...
NRS 87.4341 - Transfer of transferable interest of partner. - 1. A transfer, in whole or in part, of a...
NRS 87.4342 - Transferable interest of partner subject to charging order. - 1. On application by a judgment creditor of a partner...
NRS 87.4343 - Events causing dissociation. - A partner is dissociated from a partnership upon the occurrence...
NRS 87.4344 - Power of partner to dissociate; wrongful dissociation. - 1. A partner has the power to dissociate at any...
NRS 87.4345 - Effect of dissociation. - 1. If a partner’s dissociation results in a dissolution and...
NRS 87.4346 - Purchase of dissociated partner’s interest. - 1. If a partner is dissociated from a partnership without...
NRS 87.4347 - Power of dissociated partner to bind; liability to partnership. - 1. For 2 years after a partner dissociates without resulting...
NRS 87.4348 - Liability of dissociated partner to other persons. - 1. A partner’s dissociation does not of itself discharge the...
NRS 87.4349 - Statement of dissociation. - 1. A dissociated partner or the partnership may file a...
NRS 87.435 - Continued use of partnership name. - Continued use of a partnership name, or a dissociated partner’s...
NRS 87.4351 - Events causing dissolution and winding up of partnership business. - A partnership is dissolved, and its business must be wound...
NRS 87.4352 - Partnership continues after dissolution. - 1. Subject to subsection 2, a partnership continues after dissolution...
NRS 87.4353 - Right to wind up partnership business. - 1. After dissolution, a partner who has not wrongfully dissociated...
NRS 87.4354 - Power of partner to bind partnership after dissolution. - Subject to NRS 87.4355, a partnership is bound by a...
NRS 87.4355 - Statement of dissolution. - 1. After dissolution, a partner who has not wrongfully dissociated...
NRS 87.4356 - Liability of partner to other partners after dissolution. - 1. Except as otherwise provided in subsection 2 and NRS...
NRS 87.4357 - Settlement of accounts and contributions among partners. - 1. In winding up a partnership’s business, the assets of...
NRS 87.440 - Filing requirements; prohibition against registration for certain illegal purposes; required and optional provisions of certificate of registration. - 1. To become a registered limited-liability partnership, a partnership shall...
NRS 87.445 - Penalty for purporting to do business as registered limited-liability partnership without registration; enforcement; regulations. - 1. Every person, other than a foreign registered limited-liability partnership,...
NRS 87.450 - Name of partnership: Distinguishable name required; limitations; availability of name of forfeited, merged or otherwise terminated partnership; regulations. - 1. The name proposed for a registered limited-liability partnership must...
NRS 87.455 - Name of partnership: Reinstatement or revival under old or new name; regulations. - 1. Except as otherwise provided in subsection 2, if a...
NRS 87.460 - Amendment of certificate of registration. - 1. A certificate of registration of a registered limited-liability partnership...
NRS 87.470 - Termination of registration. - The registration of a registered limited-liability partnership is effective until:...
NRS 87.480 - Registered agent required. - A registered limited-liability partnership must have a registered agent who...
NRS 87.490 - Change of location of principal office. - 1. If a registered limited-liability partnership wishes to change the...
NRS 87.500 - Resignation of registered agent; termination of registration of commercial registered agent. - 1. If a registered agent resigns pursuant to NRS 77.370...
NRS 87.510 - Annual list: Filing requirements; fees; notice; regulations. - 1. A registered limited-liability partnership shall, at the time of...
NRS 87.515 - List or statement to be maintained at principal place of business or with custodian of records; requirement to assist in criminal investigation; failure to comply; regulations. - 1. A registered limited-liability partnership shall maintain at its principal...
NRS 87.520 - Defaulting partnerships: Identification; penalty; reinstatement of partnership which is unit-owners’ association; duties of Secretary of State; revocation of registration. - 1. A registered limited-liability partnership that fails to comply with...
NRS 87.530 - Defaulting partnerships: Conditions and procedure for reinstatement. - 1. Except as otherwise provided in subsection 3 and NRS...
NRS 87.533 - Dissolution of partnership whose registration has been revoked without additional fees and penalties; regulations. - 1. The Secretary of State shall authorize a registered limited-liability...
NRS 87.537 - Renewal or revival of registration: Procedure; fee; certificate as evidence; status of partnership. - 1. Except as otherwise provided in NRS 87.515, a registered...
NRS 87.540 - Status of partnership and liability of partners not affected by errors in certain filed information. - The status of a partnership as a registered limited-liability partnership,...
NRS 87.5405 - Penalty for doing business without registration; enforcement; regulations. - 1. Every foreign registered limited-liability partnership which is doing business...
NRS 87.541 - Annual list: Filing requirements; fees; powers and duties of Secretary of State; regulations. - 1. Each foreign registered limited-liability partnership doing business in this...
NRS 87.5413 - List or statement to be maintained at principal place of business or with custodian of records; requirement to assist in criminal investigation; failure to comply; regulations. - 1. A foreign registered limited-liability partnership shall maintain at its...
NRS 87.5415 - Certificate of authorization to transact business. - If a foreign registered limited-liability partnership has filed the initial...
NRS 87.542 - Addresses of managing partners required; failure to file. - 1. Each list required to be filed under the provisions...
NRS 87.5425 - Defaulting partnerships: Identification; forfeiture of right to transact business; penalty. - 1. Each foreign registered limited-liability partnership which is required to...
NRS 87.543 - Defaulting partnerships: Duties of Secretary of State. - 1. The Secretary of State shall notify, by providing written...
NRS 87.5435 - Defaulting partnerships: Conditions and procedure for reinstatement. - 1. Except as otherwise provided in subsections 3 and 4...
NRS 87.544 - Defaulting partnerships: Reinstatement or revival under old or new name; regulations. - 1. Except as otherwise provided in subsection 2, if a...
NRS 87.5443 - Renewal or revival of right to transact business: Procedure; fee; certificate as evidence; status of partnership. - 1. Except as otherwise provided in NRS 87.5413, any foreign...
NRS 87.5445 - Form required for filing of records. - 1. Each record filed with the Secretary of State pursuant...
NRS 87.545 - Procedure to submit replacement page to Secretary of State before actual filing of record. - A managing partner of a registered limited-liability partnership may authorize...
NRS 87.547 - Correction of inaccurate or defective record filed with Secretary of State; cancellation of filings. - 1. A registered limited-liability partnership may correct a record filed...
NRS 87.550 - Fees. - In addition to any other fees required by NRS 87.440...
NRS 87.560 - Operation of domestic partnership in another jurisdiction; registration of foreign registered limited-liability partnership. - 1. To the extent permitted by the law of that...
NRS 87.565 - Secretary of State authorized to adopt certain regulations to allow partnership to carry out powers and duties through most recent technology. - The Secretary of State may adopt regulations to define, for...