1.  Any interest of a protected person in real or personal property, including interests in contracts and choses in action, may be sold pursuant to this chapter.

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Terms Used In Nevada Revised Statutes 159.132

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Personal property: All property that is not real property.

2.  The interest of a protected person in a partnership or limited-liability company may be sold as personal property, and another partner or member may be the purchaser.