{"data":{"id":"us-nv/nrs-88.420","jurisdiction":"us-nv","citation":"NRS 88.420","heading":"When person becomes limited partner; admission of additional limited partners.","body":"1. A person becomes a limited partner:\n(a) At the time the limited partnership is formed; or\n(b) At any later time stated in the records of the limited partnership for becoming a limited partner.\n2. After the filing of a limited partnership’s original certificate of limited partnership, a person may be admitted as an additional limited partner:\n(a) In the case of a person acquiring a partnership interest directly from the limited partnership, upon the compliance with the partnership agreement or, if the partnership agreement does not so provide, upon the written consent of all partners; and\n(b) In the case of an assignee of a partnership interest of a partner who has the power, as provided in NRS 88.540, to grant the assignee the right to become a limited partner, upon the exercise of that power and compliance with any conditions limiting the grant or exercise of the power.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 88 - UNIFORM LIMITED PARTNERSHIP ACT","LIMITED PARTNERS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-088.html#NRS088Sec420","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"c179e1e3a351463180ade3d6c46f7b3cc3e32d9f9405ecc9b958a2c1306730fd","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-88.415","next":"us-nv/nrs-88.425"},"notice":"GroundRules: Original legal text. Not legal advice."}