Nevada Revised Statutes 87.432 – Partnership subject to amendment to or repeal of NRS 87.4301 to 87.4357, inclusive
Current as of: 2022 | Check for updates
|
Other versions
to 87.4357, inclusive. A partnership governed by NRS 87.4301 to 87.4357, inclusive, is subject to any amendment to or repeal of NRS 87.4301 to 87.4357, inclusive.
Terms Used In Nevada Revised Statutes 87.432
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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.