NRS 87.060

Partnership defined

Known as the Uniform Partnership Act

The act spans §§ 87–87 (136 sections).

Applied in 10 court decisions — leading case Henderson v. Buchanan (In Re Western World Funding, Inc.) (1985)

Most recently applied in In re Cay Clubs (December 2014)

[6:74:1931; 1931 NCL § 5028.05]—(NRS A 1995, 1471; 2005, 442)

How often courts cite this section

citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

1. Except as otherwise provided in subsection 2, a partnership is an association of two or more persons to carry on as co-owners a business for profit, and includes a registered limited-liability partnership.

2. Any association formed under any other statute of this State, or any statute adopted by authority, other than the authority of this State, is not a partnership under NRS 87.010 to 87.430, inclusive, unless the association would have been a partnership in this State before July 1, 1931. The provisions of NRS 87.010 to 87.430, inclusive, apply to limited partnerships except in so far as the statutes relating to such partnerships are inconsistent with it.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.