Nevada Statutes

§ 87.4316 — Effect of partnership agreement; nonwaivable provisions

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 87 Partnerships· General Provisions

1. Except as otherwise provided in subsection 2, relations among the partners and between the partners and the partnership are governed by the partnership agreement. To the extent the partnership agreement does not otherwise provide, NRS 87.4301 to 87.4357 , inclusive, govern relations among the partners and between the partners and the partnership. 2. The partnership agreement may not:

(a)Vary the rights and duties under NRS 87.4318 except to eliminate the duty to provide copies of statements to all of the partners;
(b)Unreasonably restrict the right of access to books and records under subsection 2 of NRS 87.4335 ;
(c)Eliminate the duty of loyalty under subsection 2 of NRS 87.4336 or paragraph (c) of subsection 2 of NRS 87.4345 , but:
(1)The partnership agreement may identify specifi

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Related

JPMorgan Chase Bank, N.A. v. KB Home
632 F. Supp. 2d 1013 (D. Nevada, 2009)
20 case citations

Legislative History

(Added to NRS by 2005, 423 )

Nearby Sections

15
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