GroundRules
← Search the law
Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 88.505: Distribution upon withdrawal.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
  2. CHAPTER 88 - UNIFORM LIMITED PARTNERSHIP ACT
  3. DISTRIBUTIONS AND WITHDRAWAL

Except as provided in NRS 88.490 to 88.525, inclusive, upon withdrawal any withdrawing partner is entitled to receive any distribution to which the withdrawing partner is entitled under the partnership agreement and, if not otherwise provided in the agreement, the withdrawing partner is entitled to receive, within a reasonable time after withdrawal, the fair value of his or her interest in the limited partnership as of the date of withdrawal based upon his or her right to share in distributions from the limited partnership.

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

Browse this collection