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NRS 87A.400

Sharing of distributions

Known as the Uniform Limited Partnership Act

The act spans §§ 87–87 (147 sections).

(Added to NRS by 2007, 461)

A distribution by a limited partnership must be shared among the partners on the basis of the value, as stated in the required records when the limited partnership decides to make the distribution, of the contributions the limited partnership has received from each partner.

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