The provisions of NRS 87.4301 to 87.4357, inclusive, apply to a partnership:

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1.  Which voluntarily elects to be governed by the provisions of NRS 87.4301 to 87.4357, inclusive; or

2.  Which is formed on or after July 1, 2006, and which does not voluntarily elect to be governed by the provisions of NRS 87.010 to 87.430, inclusive.