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Code · Nevada · CHAPTER 87 - PARTNERSHIPS

NRS 87.060 Partnership defined.

115 words·~1 min read·/nv/chapter-87-partnerships/87-060

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NRS 87.060 Partnership defined.
1. Except as otherwise provided in subsection 2, a partnership is an association of two or more persons to carry on as co-owners a business for profit, and includes a registered limited-liability partnership.
2. Any association formed under any other statute of this State, or any statute adopted by authority, other than the authority of this State, is not a partnership under NRS 87.010 to 87.430 , inclusive, unless the association would have been a partnership in this State before July 1, 1931. The provisions of NRS 87.010 to 87.430 , inclusive, apply to limited partnerships except in so far as the statutes relating to such partnerships are inconsistent with it.
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