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

NRS 88.510: Distribution in kind.

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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 writing in the partnership agreement, a partner, regardless of the nature of the partner’s contributions, has no right to demand and receive any distribution from a limited partnership in any form other than cash. Except as provided in writing in the partnership agreement, a partner may not be compelled to accept a distribution of any asset in kind from a limited partnership to the extent that the percentage of the asset distributed to the partner exceeds a percentage of that asset which is equal to the percentage in which the partner shares in distributions from the limited partnership.

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

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