{"data":{"id":"us-nv/nrs-87a.440","jurisdiction":"us-nv","citation":"NRS 87A.440","heading":"Effect of withdrawal as limited partner.","body":"1. Upon a person’s withdrawal as a limited partner:\n(a) Subject to NRS 87A.485, the person does not have further rights as a limited partner;\n(b) The person’s obligation of good faith and fair dealing as a limited partner under subsection 2 of NRS 87A.340 continues only as to matters arising and events occurring before the withdrawal; and\n(c) Subject to NRS 87A.485 and the provisions of chapter 92A of NRS, any transferable interest owned by the person in the person’s capacity as a limited partner immediately before withdrawal is owned by the person as a mere transferee.\n2. A person’s withdrawal as a limited partner does not of itself discharge the person from any obligation to the limited partnership or the other partners which the person incurred while a limited partner.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 87A - UNIFORM LIMITED PARTNERSHIP ACT (2001)","WITHDRAWAL"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-087A.html#NRS087ASec440","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"878c441e7cddc628b64e12e70a0157f9226be33d5fa239e10797495c7d2353eb","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-87a.435","next":"us-nv/nrs-87a.445"},"notice":"GroundRules: Original legal text. Not legal advice."}