“Distribution” means a transfer of money or other property from a partnership to a partner in the partner’s capacity as a partner or to the partner’s transferee.
NRS 87.4304
“Distribution” defined
Known as the Uniform Partnership Act
The act spans §§ 87–87 (136 sections).
(Added to NRS by 2005, 422)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.