Nevada Statutes
§ 87A.400 — Sharing of distributions
Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 87A Uniform· CONTRIBUTIONS AND DISTRIBUTIONS
A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required records when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.
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Legislative History
(Added to NRS by 2007, 461 )
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