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NRS 87.120

Partnership charged with knowledge of or notice to partner

Known as the Uniform Partnership Act

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

[12:74:1931; 1931 NCL § 5028.11]

Notice to any partner of any matter relating to partnership affairs, and the knowledge of the partner acting in the particular matter, acquired while a partner or then present to his or her mind, and the knowledge of any other partner who reasonably could and should have communicated it to the acting partner, operate as notice to or knowledge of the partnership, except in the case of a fraud on the partnership committed by or with the consent of that partner.

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