Nevada Statutes

§ 88.342 — Business which may be carried on; prohibition against formation of limited partnership for certain illegal purposes

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 88 Uniform· GENERAL PROVISIONS
1.A limited partnership may carry on any business that a partnership without limited partners may carry on except banking or insurance.
2.A person shall not form a limited partnership for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.

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Legislative History

(Added to NRS by 1987, 78 ; A 2013, 881 )

Nearby Sections

15
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