Nevada Revised Statutes 159.132 – Property of protected person subject to sale
Current as of: 2023 | Check for updates
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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.
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.