Nevada Revised Statutes
Chapter 87A - Uniform Limited Partnership Act (2001)

NRS 87A.045 - "Foreign registered limited-liability limited partnership" defined. - "Foreign registered limited-liability limited partnership" means a foreign limited-liability limited...

NRS 87A.050 - "General partner" defined. - "General partner" means: 1. With respect to a limited partnership,...

NRS 87A.055 - "Limited partner" defined. - "Limited partner" means: 1. With respect to a limited partnership,...

NRS 87A.060 - "Limited partnership" defined. - "Limited partnership," except in the phrases "foreign limited partnership," "foreign...

NRS 87A.065 - "Partner" defined. - "Partner" means a limited partner or general partner. (Added to...

NRS 87A.070 - "Partnership agreement" defined. - "Partnership agreement" means the partners’ agreement, whether oral, implied, in...

NRS 87A.075 - "Person" defined. - "Person" means any natural person, corporation, business trust, estate, trust,...

NRS 87A.080 - "Person withdrawn as a general partner" defined. - "Person withdrawn as a general partner" means a person withdrawn...

NRS 87A.085 - "Principal office" defined. - "Principal office" means the office where the principal executive office...

NRS 87A.095 - "Registered agent" defined. - "Registered agent" has the meaning ascribed to it in NRS...

NRS 87A.100 - "Registered limited-liability limited partnership" defined. - "Registered limited-liability limited partnership" means a limited partnership: 1. Formed...

NRS 87A.105 - "Required information" defined. - "Required information" means the information that a limited partnership is...

NRS 87A.108 - "Restricted limited partnership" defined. - "Restricted limited partnership" means a limited partnership organized and existing...

NRS 87A.120 - "State" defined. - "State" means a state of the United States, the District...

NRS 87A.130 - "Transfer" defined. - "Transfer" includes an assignment, conveyance, deed, bill of sale, lease,...

NRS 87A.135 - "Transferable interest" defined. - "Transferable interest" means a partner’s right to receive distributions. (Added...

NRS 87A.140 - "Transferee" defined. - "Transferee" means a person to which all or part of...

NRS 87A.145 - Applicability. - The provisions of this chapter apply to a limited partnership:...

NRS 87A.147 - Secretary of State authorized to adopt certain regulations to allow limited partnership to carry out powers and duties through most recent technology. - The Secretary of State may adopt regulations to define, for...

NRS 87A.150 - Knowledge and notice. - 1. A person knows a fact if the person has...

NRS 87A.155 - Nature, purpose and duration of entity; prohibition against organization for certain illegal purposes. - 1. A limited partnership is an entity distinct from its...

NRS 87A.160 - Powers. - A limited partnership has the powers to do all things...

NRS 87A.165 - Governing law. - The law of this State governs: 1. Relations among the...

NRS 87A.170 - Supplemental principles of law; rate of interest. - 1. Unless displaced by particular provisions of this chapter, the...

NRS 87A.175 - Name of partnership: Distinguishable name required; limitations; availability of name of forfeited, merged or otherwise terminated partnership; regulations. - 1. Except as otherwise provided in NRS 87A.635, the name...

NRS 87A.180 - Name of partnership: Reservation; transfer of right to exclusive use of reserved name. - 1. The exclusive right to the use of a name...

NRS 87A.185 - Name of partnership: Reinstatement or revival under old or new name; regulations. - 1. Except as otherwise provided in subsection 2, if a...

NRS 87A.190 - Effect of partnership agreement; nonwaivable provisions. - 1. Except as otherwise provided in subsection 2, the partnership...

NRS 87A.195 - Information required to be maintained at principal office in State or with custodian of records. - A limited partnership shall maintain at its principal office in...

NRS 87A.200 - Statement to be maintained at principal office or with custodian of records; requirement to assist in criminal investigation; failure to comply; regulations. - 1. A limited partnership shall maintain at its principal office...

NRS 87A.203 - Manner of storage of records; conversion of electronic records into clear and legible paper form; admissibility in evidence of electronic records. - 1. Except as otherwise required by federal or state law,...

NRS 87A.205 - Business transactions of partner with partnership. - A partner may lend money to and transact other business...

NRS 87A.210 - Dual capacity. - A person may be both a general partner and a...

NRS 87A.215 - Registered agent required; maintenance of records at principal office in State or with custodian of records; change of address. - 1. Each limited partnership shall designate and continuously maintain: (a)...

NRS 87A.220 - Registered agent: Revocation of appointment; change of name. - 1. If a limited partnership created pursuant to this chapter...

NRS 87A.225 - Resignation of registered agent or termination of registration of commercial registered agent. - 1. If a registered agent resigns pursuant to NRS 77.370...

NRS 87A.230 - Consent and proxies of partners. - Action requiring the consent of partners under this chapter may...

NRS 87A.235 - Formation of limited partnership; certificate of limited partnership. - 1. In order for a limited partnership to be formed,...

NRS 87A.237 - Penalty for purporting to do business as limited partnership without registration; enforcement; regulations. - 1. Every person, other than a foreign limited partnership, who...

NRS 87A.240 - Amendment or restatement of certificate. - 1. In order to amend its certificate of limited partnership,...

NRS 87A.245 - Statement of termination. - A dissolved limited partnership that has completed winding up may...

NRS 87A.250 - Signing of records. - 1. Each record delivered to the Secretary of State for...

NRS 87A.255 - Signing and filing pursuant to judicial order. - 1. If a person required by this chapter to sign...

NRS 87A.260 - Form required for filing of records. - 1. Each record filed with the Secretary of State pursuant...

NRS 87A.265 - Procedure to submit replacement page to Secretary of State before actual filing of record. - A general partner of a limited partnership may authorize the...

NRS 87A.270 - Filing of records written in language other than English. - No record which is written in a language other than...

NRS 87A.275 - Correction of inaccurate or defective record filed with Secretary of State; cancellation of filings. - 1. A limited partnership or foreign limited partnership may correct...

NRS 87A.280 - Partnership records: Microfilming; imaging; return. - The Secretary of State may microfilm or image any record...

NRS 87A.285 - Liability for false information in filed record. - 1. If a record delivered to the Secretary of State...

NRS 87A.290 - Annual list: Filing requirements; fees; notice; regulations. - 1. A limited partnership shall, at the time of the...

NRS 87A.295 - Additional filing requirements for certain partnerships: Criteria; statement; fees. - 1. At the time of submitting any list required pursuant...

NRS 87A.300 - Certificate of authorization to transact business; identification of defaulting partnerships; reinstatement of partnership which is unit-owners’ association; forfeiture and penalty. - 1. If a limited partnership has filed the list in...

NRS 87A.305 - Defaulting partnerships: Duties of Secretary of State; revocation of certificate; assets held in trust. - 1. The Secretary of State shall notify, by providing written...

NRS 87A.310 - Defaulting partnerships: Conditions and procedure for reinstatement. - 1. Except as otherwise provided in subsections 3 and 4...

NRS 87A.313 - Renewal or revival of certificate: Procedure; fee; certificate as evidence; status of partnership. - 1. Except as otherwise provided in NRS 87A.200 and 87A.640,...

NRS 87A.315 - Fees. - The Secretary of State, for services relating to the official...

NRS 87A.320 - Becoming limited partner. - A person becomes a limited partner: 1. As provided in...

NRS 87A.325 - No right or power as limited partner to bind limited partnership. - A limited partner does not have the right or the...

NRS 87A.330 - No liability as limited partner for limited partnership obligations. - An obligation of a limited partnership, whether arising in contract,...

NRS 87A.335 - Right of limited partner and former limited partner to information. - 1. On 10 days’ demand, made in a record received...

NRS 87A.340 - Limited duties of limited partners. - 1. A limited partner does not have any fiduciary duty...

NRS 87A.345 - Person erroneously believing self to be limited partner. - 1. Except as otherwise provided in subsection 2, a person...

NRS 87A.350 - Becoming general partner. - A person becomes a general partner: 1. As provided in...

NRS 87A.355 - General partner agent of limited partnership. - 1. Each general partner is an agent of the limited...

NRS 87A.360 - Limited partnership liable for actionable conduct of general partner. - 1. A limited partnership is liable for loss or injury...

NRS 87A.365 - Liability of general partner. - 1. Except as otherwise provided in subsections 2 and 3,...

NRS 87A.370 - Actions by and against partnership and partners. - 1. To the extent not inconsistent with NRS 87A.365, a...

NRS 87A.375 - Management rights of general partner. - 1. Each general partner has equal rights in the management...

NRS 87A.380 - Right of general partner and former general partner to information. - 1. A general partner, without having any particular purpose for...

NRS 87A.385 - General standards of conduct of general partner. - 1. The only fiduciary duties that a general partner has...

NRS 87A.390 - Form of contribution. - A contribution of a partner may consist of tangible or...

NRS 87A.395 - Liability for contribution. - 1. A partner’s obligation to contribute money or other property...

NRS 87A.400 - Sharing of distributions. - A distribution by a limited partnership must be shared among...

NRS 87A.405 - Interim distributions. - A partner does not have a right to any distribution...

NRS 87A.410 - No distribution on account of withdrawal. - A person does not have a right to receive a...

NRS 87A.415 - Distribution in kind. - A partner does not have a right to demand or...

NRS 87A.420 - Right to distribution. - When a partner or transferee becomes entitled to receive a...

NRS 87A.425 - Limitations on distribution. - 1. A limited partnership may not make a distribution in...

NRS 87A.427 - Limitations on distributions applicable to restricted limited partnerships. - 1. If the limited partnership has elected in its certificate...

NRS 87A.430 - Liability for improper distributions. - 1. A general partner that consents to a distribution made...

NRS 87A.435 - Withdrawal as limited partner. - 1. A person does not have a right to withdraw...

NRS 87A.440 - Effect of withdrawal as limited partner. - 1. Upon a person’s withdrawal as a limited partner: (a)...

NRS 87A.445 - Withdrawal as general partner. - A person is withdrawn from a limited partnership as a...

NRS 87A.450 - Power of person to withdraw as general partner; wrongful withdrawal. - 1. A person has the power to withdraw as a...

NRS 87A.455 - Effect of withdrawal as general partner. - 1. Upon a person’s withdrawal as a general partner: (a)...

NRS 87A.460 - Power to bind and liability to limited partnership before dissolution of partnership of person withdrawn as general partner. - 1. After a person is withdrawn as a general partner...

NRS 87A.465 - Liability to other persons of person withdrawn as general partner. - 1. A person’s withdrawal as a general partner does not...

NRS 87A.470 - Transferable interest of partner. - The only interest of a partner which is transferable is...

NRS 87A.475 - Transfer of transferable interest of partner. - 1. A transfer, in whole or in part, of a...

NRS 87A.480 - Rights and remedies of creditor of partner. - 1. On application to a court of competent jurisdiction by...

NRS 87A.485 - Power of estate of deceased partner. - If a partner dies, the deceased partner’s personal representative or...

NRS 87A.488 - Dissolution of partnership whose certificate has been revoked without additional fees and penalties; regulations. - 1. The Secretary of State shall authorize a limited partnership...

NRS 87A.490 - Nonjudicial dissolution. - Except as otherwise provided in NRS 87A.495, a limited partnership...

NRS 87A.495 - Judicial dissolution. - On application by a partner, the district court may order...

NRS 87A.500 - Winding up. - 1. A limited partnership continues after dissolution only for the...

NRS 87A.505 - Power of general partner and person withdrawn as general partner to bind partnership after dissolution. - 1. A limited partnership is bound by a general partner’s...

NRS 87A.510 - Liability after dissolution of general partner and person withdrawn as general partner to limited partnership, other general partners and persons withdrawn as general partner. - 1. If a general partner having knowledge of the dissolution...

NRS 87A.515 - Known claims against dissolved limited partnership. - 1. A dissolved limited partnership may dispose of the known...

NRS 87A.520 - Other claims against dissolved limited partnership. - 1. A dissolved limited partnership may publish notice of its...

NRS 87A.525 - Liability of general partner and person withdrawn as general partner when claim against limited partnership barred. - If a claim against a dissolved limited partnership is barred...

NRS 87A.530 - Disposition of assets; when contributions are required. - 1. In winding up a limited partnership’s activities, the assets...

NRS 87A.535 - Governing law. - Subject to the Constitution of this State: 1. The laws...

NRS 87A.540 - Filing requirements; prohibition against registration for certain illegal purposes; required provisions of application for registration. - 1. Before transacting business in this State, a foreign limited...

NRS 87A.545 - Issuance of certificate of registration by Secretary of State. - 1. If the Secretary of State finds that an application...

NRS 87A.550 - Registration of name. - Except as otherwise provided in NRS 87A.655, a foreign limited...

NRS 87A.555 - Amendments to application for registration. - If any statement in the application for registration of a...

NRS 87A.560 - Annual list: Filing requirements; fees; powers and duties of Secretary of State; regulations. - 1. Each foreign limited partnership doing business in this State...

NRS 87A.565 - Additional filing requirements for certain partnerships: Criteria; statement; fees. - 1. At the time of submitting any list required pursuant...

NRS 87A.570 - Certificate of authorization to transact business. - If a foreign limited partnership has filed the initial or...

NRS 87A.575 - Addresses of general partners required; failure to file. - 1. Each list required to be filed under the provisions...

NRS 87A.580 - List or statement to be maintained at principal office in State or with custodian of records; requirement to assist in criminal investigation; failure to comply; regulations. - 1. A foreign limited partnership shall maintain at its principal...

NRS 87A.585 - Defaulting partnerships: Identification; forfeiture of right to transact business; penalty. - 1. Each foreign limited partnership which is required to make...

NRS 87A.590 - Defaulting partnerships: Duties of Secretary of State. - 1. The Secretary of State shall notify, by providing written...

NRS 87A.595 - Defaulting partnerships: Conditions and procedure for reinstatement. - 1. Except as otherwise provided in subsections 3 and 4...

NRS 87A.600 - Defaulting partnerships: Reinstatement or revival under old or new name; regulations. - 1. Except as otherwise provided in subsection 2, if a...

NRS 87A.602 - Cancellation of registration without additional fees and penalties; regulations. - 1. The Secretary of State shall authorize a foreign limited...

NRS 87A.605 - Cancellation of registration. - 1. A foreign limited partnership may cancel its registration by...

NRS 87A.607 - Renewal or revival of right to transact business: Procedure; fee; certificate as evidence; status of partnership. - 1. Except as otherwise provided in NRS 87A.580, any foreign...

NRS 87A.610 - Penalty for transacting business without registration; enforcement; regulations. - 1. Every foreign limited partnership transacting business in this State...

NRS 87A.615 - Activities not constituting transaction of business. - 1. For the purposes of NRS 87A.535 to 87A.625, inclusive,...

NRS 87A.620 - Determination of whether solicitation is made or accepted. - 1. For the purposes of NRS 87A.615, a solicitation of...

NRS 87A.625 - Action by Attorney General to restrain transaction of business. - The Attorney General may bring an action to restrain a...

NRS 87A.630 - Filing requirements; prohibition against registration for certain illegal purposes; required and optional provisions of certificate of registration. - 1. To become a registered limited-liability limited partnership, a limited...

NRS 87A.632 - Penalty for purporting to do business as registered limited-liability limited partnership without registration; enforcement; regulations. - 1. Every person, other than a limited-liability limited partnership formed...

NRS 87A.635 - 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 limited partnership...

NRS 87A.640 - 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 limited partnership shall maintain at its...

NRS 87A.645 - Termination of registration. - The registration of a registered limited-liability limited partnership is effective...

NRS 87A.650 - Status of partnership and liability of partners not affected by errors in certain filed information. - The status of a limited partnership as a registered limited-liability...

NRS 87A.652 - Penalty for purporting to transact business as foreign registered limited-liability limited partnership without registration; enforcement; regulations. - 1. Every limited-liability limited partnership, formed pursuant to an agreement...

NRS 87A.655 - Name of foreign partnership. - The name of a foreign registered limited-liability limited partnership that...

NRS 87A.660 - Direct action by partner. - 1. Subject to subsection 2, a partner may maintain a...

NRS 87A.665 - Derivative action. - A partner may maintain a derivative action to enforce a...

NRS 87A.670 - Proper plaintiff. - A derivative action may be maintained only by a person...

NRS 87A.675 - Pleading. - In a derivative action, the complaint must state with particularity:...

NRS 87A.680 - Proceeds and expenses. - 1. Except as otherwise provided in subsection 2: (a) Any...

NRS 87A.685 - Uniformity of application and construction. - In applying and construing the Uniform Limited Partnership Act (2001),...

NRS 87A.690 - Relation to Electronic Signatures in Global and National Commerce Act. - This chapter modifies, limits or supersedes the federal Electronic Signatures...

NRS 87A.695 - Provisions for existing partnerships. - 1. A limited partnership formed under any statute of this...

NRS 87A.700 - Operation of domestic partnership in another jurisdiction. - To the extent permitted by the law of that jurisdiction,...

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Nevada Revised Statutes Chapter 87A - Uniform Limited Partnership Act (2001)

Nevada Revised Statutes
Chapter 87A - Uniform Limited Partnership Act (2001)