“Distribution” means a transfer of money or other property from a limited partnership to a partner in the partner’s capacity as a partner or to a transferee on account of a transferable interest owned by the transferee.
NRS 87A.035
“Distribution” defined
Known as the Uniform Limited Partnership Act
The act spans §§ 87–87 (147 sections).
(Added to NRS by 2007, 437)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.