Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 88.495: Withdrawal of general partner.

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TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
CHAPTER 88 - UNIFORM LIMITED PARTNERSHIP ACT
DISTRIBUTIONS AND WITHDRAWAL

A general partner may withdraw from a limited partnership at any time by giving written notice to the other partners, but if the withdrawal violates the partnership agreement, the limited partnership may recover from the withdrawing general partner damages for breach of the partnership agreement and offset the damages against the amount otherwise distributable to the general partner.

Collected 2026-09-03T05:51:31Z. Source file · JSON

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