Nevada Statutes
§ 88.495 — Withdrawal of general partner
Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 88 Uniform· DISTRIBUTIONS AND WITHDRAWAL
A general partner may withdraw from a limited partnership at any time by giving written notice to the other partners, but if the withdrawal violates the partnership agreement, the limited partnership may recover from the withdrawing general partner damages for breach of the partnership agreement and offset the damages against the amount otherwise distributable to the general partner.
Free access — add to your briefcase to read the full text and ask questions with AI
Nevada § 88.495 (Withdrawal of general partner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Added to NRS by 1985, 1289 )
Nearby Sections
15
§ 88.010
Short title§ 88.315
Definitions§ 88.317
Applicability