Nevada Revised Statutes 87.4308 – ‘Partnership interest’ and ‘partner’s interest in the partnership’ defined
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‘Partnership interest’ or ‘partner’s interest in the partnership‘ means all of a partner’s interests in the partnership, including the partner’s transferable interest and all management and other rights.
Terms Used In Nevada Revised Statutes 87.4308
- 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.