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

NRS 88.545: Rights of estate of deceased or incapacitated partner.

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. DISSOLUTION

If a partner who is a natural person dies or a court of competent jurisdiction adjudges such a partner to be incapacitated, the partner’s executor, administrator, guardian, conservator or other legal representative may exercise all of the partner’s rights for the purpose of settling the partner’s estate or administering the partner’s property, including any power the partner had to give an assignee the right to become a limited partner. If a partner is a corporation, trust or other entity and is dissolved or terminated, the powers of that partner may be exercised by its legal representative or successor.

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

Browse this collection