1. A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether the limited partnership has registered as a registered limited-liability limited partnership.
2. A limited partnership may be organized under this chapter for any lawful purpose. A person shall not organize a limited partnership for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.
3. A limited partnership has a perpetual duration.
(Added to NRS by 2007, 440; A 2013, 871)
Structure Nevada Revised Statutes
Chapter 87A - Uniform Limited Partnership Act (2001)
NRS 87A.015 - "Certificate of limited partnership" defined.
NRS 87A.020 - "Contribution" defined.
NRS 87A.025 - "Debtor in bankruptcy" defined.
NRS 87A.030 - "Designated office" defined.
NRS 87A.035 - "Distribution" defined.
NRS 87A.040 - "Foreign limited partnership" defined.
NRS 87A.045 - "Foreign registered limited-liability limited partnership" defined.
NRS 87A.050 - "General partner" defined.
NRS 87A.055 - "Limited partner" defined.
NRS 87A.060 - "Limited partnership" defined.
NRS 87A.065 - "Partner" defined.
NRS 87A.070 - "Partnership agreement" defined.
NRS 87A.075 - "Person" defined.
NRS 87A.080 - "Person withdrawn as a general partner" defined.
NRS 87A.085 - "Principal office" defined.
NRS 87A.095 - "Registered agent" defined.
NRS 87A.100 - "Registered limited-liability limited partnership" defined.
NRS 87A.105 - "Required information" defined.
NRS 87A.108 - "Restricted limited partnership" defined.
NRS 87A.120 - "State" defined.
NRS 87A.130 - "Transfer" defined.
NRS 87A.135 - "Transferable interest" defined.
NRS 87A.140 - "Transferee" defined.
NRS 87A.150 - Knowledge and notice.
NRS 87A.170 - Supplemental principles of law; rate of interest.
NRS 87A.180 - Name of partnership: Reservation; transfer of right to exclusive use of reserved name.
NRS 87A.185 - Name of partnership: Reinstatement or revival under old or new name; regulations.
NRS 87A.190 - Effect of partnership agreement; nonwaivable provisions.
NRS 87A.205 - Business transactions of partner with partnership.
NRS 87A.220 - Registered agent: Revocation of appointment; change of name.
NRS 87A.230 - Consent and proxies of partners.
NRS 87A.235 - Formation of limited partnership; certificate of limited partnership.
NRS 87A.240 - Amendment or restatement of certificate.
NRS 87A.245 - Statement of termination.
NRS 87A.250 - Signing of records.
NRS 87A.255 - Signing and filing pursuant to judicial order.
NRS 87A.260 - Form required for filing of records.
NRS 87A.270 - Filing of records written in language other than English.
NRS 87A.280 - Partnership records: Microfilming; imaging; return.
NRS 87A.285 - Liability for false information in filed record.
NRS 87A.290 - Annual list: Filing requirements; fees; notice; regulations.
NRS 87A.295 - Additional filing requirements for certain partnerships: Criteria; statement; fees.
NRS 87A.310 - Defaulting partnerships: Conditions and procedure for reinstatement.
NRS 87A.320 - Becoming limited partner.
NRS 87A.325 - No right or power as limited partner to bind limited partnership.
NRS 87A.330 - No liability as limited partner for limited partnership obligations.
NRS 87A.335 - Right of limited partner and former limited partner to information.
NRS 87A.340 - Limited duties of limited partners.
NRS 87A.345 - Person erroneously believing self to be limited partner.
NRS 87A.350 - Becoming general partner.
NRS 87A.355 - General partner agent of limited partnership.
NRS 87A.360 - Limited partnership liable for actionable conduct of general partner.
NRS 87A.365 - Liability of general partner.
NRS 87A.370 - Actions by and against partnership and partners.
NRS 87A.375 - Management rights of general partner.
NRS 87A.380 - Right of general partner and former general partner to information.
NRS 87A.385 - General standards of conduct of general partner.
NRS 87A.390 - Form of contribution.
NRS 87A.395 - Liability for contribution.
NRS 87A.400 - Sharing of distributions.
NRS 87A.405 - Interim distributions.
NRS 87A.410 - No distribution on account of withdrawal.
NRS 87A.415 - Distribution in kind.
NRS 87A.420 - Right to distribution.
NRS 87A.425 - Limitations on distribution.
NRS 87A.427 - Limitations on distributions applicable to restricted limited partnerships.
NRS 87A.430 - Liability for improper distributions.
NRS 87A.435 - Withdrawal as limited partner.
NRS 87A.440 - Effect of withdrawal as limited partner.
NRS 87A.445 - Withdrawal as general partner.
NRS 87A.450 - Power of person to withdraw as general partner; wrongful withdrawal.
NRS 87A.455 - Effect of withdrawal as general partner.
NRS 87A.465 - Liability to other persons of person withdrawn as general partner.
NRS 87A.470 - Transferable interest of partner.
NRS 87A.475 - Transfer of transferable interest of partner.
NRS 87A.480 - Rights and remedies of creditor of partner.
NRS 87A.485 - Power of estate of deceased partner.
NRS 87A.490 - Nonjudicial dissolution.
NRS 87A.495 - Judicial dissolution.
NRS 87A.515 - Known claims against dissolved limited partnership.
NRS 87A.520 - Other claims against dissolved limited partnership.
NRS 87A.530 - Disposition of assets; when contributions are required.
NRS 87A.545 - Issuance of certificate of registration by Secretary of State.
NRS 87A.550 - Registration of name.
NRS 87A.555 - Amendments to application for registration.
NRS 87A.565 - Additional filing requirements for certain partnerships: Criteria; statement; fees.
NRS 87A.570 - Certificate of authorization to transact business.
NRS 87A.575 - Addresses of general partners required; failure to file.
NRS 87A.590 - Defaulting partnerships: Duties of Secretary of State.
NRS 87A.595 - Defaulting partnerships: Conditions and procedure for reinstatement.
NRS 87A.600 - Defaulting partnerships: Reinstatement or revival under old or new name; regulations.
NRS 87A.602 - Cancellation of registration without additional fees and penalties; regulations.
NRS 87A.605 - Cancellation of registration.
NRS 87A.610 - Penalty for transacting business without registration; enforcement; regulations.
NRS 87A.615 - Activities not constituting transaction of business.
NRS 87A.620 - Determination of whether solicitation is made or accepted.
NRS 87A.625 - Action by Attorney General to restrain transaction of business.
NRS 87A.645 - Termination of registration.
NRS 87A.655 - Name of foreign partnership.
NRS 87A.660 - Direct action by partner.
NRS 87A.665 - Derivative action.
NRS 87A.670 - Proper plaintiff.
NRS 87A.680 - Proceeds and expenses.
NRS 87A.685 - Uniformity of application and construction.
NRS 87A.690 - Relation to Electronic Signatures in Global and National Commerce Act.
NRS 87A.695 - Provisions for existing partnerships.
NRS 87A.700 - Operation of domestic partnership in another jurisdiction.