Nevada Statutes
§ 87A.210 — Dual capacity
A person may be both a general partner and a limited partner. A person that is both a general and limited partner has the rights, powers, duties and obligations provided by this chapter and the partnership agreement in each of those capacities. When the person acts as a general partner, the person is subject to the obligations, duties and restrictions under this chapter and the partnership agreement for general partners. When the person acts as a limited partner, the person is subject to the obligations, duties and restrictions under this chapter and the partnership agreement for limited partners.
Free access — add to your briefcase to read the full text and ask questions with AI
Nevada § 87A.210 (Dual capacity) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Added to NRS by 2007, 445 )
Nearby Sections
15
§ 87A.005
Short title§ 87A.010
Definitions§ 87A.020
“Contribution” defined§ 87A.025
“Debtor in bankruptcy” defined§ 87A.030
“Designated office” defined§ 87A.035
“Distribution” defined§ 87A.050
“General partner” defined§ 87A.055
“Limited partner” defined§ 87A.060
“Limited partnership” defined§ 87A.065
“Partner” defined§ 87A.070
“Partnership agreement” defined§ 87A.075
“Person” defined