Nevada Statutes
§ 88.520 — Limitations on distribution
Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 88 Uniform· DISTRIBUTIONS AND WITHDRAWAL
A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.
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Nevada § 88.520 (Limitations on distribution) — 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