Nevada Revised Statutes 87A.145 – Applicability
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The provisions of this chapter apply to a limited partnership:
Terms Used In Nevada Revised Statutes 87A.145
- 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.
1. Which was formed before, on or after October 1, 2007, and which voluntarily elects to be governed by the provisions of this chapter; or
2. Which is formed on or after October 1, 2007, and which does not voluntarily elect to be governed by the provisions of chapter 88 of NRS.