NRS87A.055. “Limited partner” defined.

Latest version.

“Limited partner” means:

      1. With respect to a limited partnership, a person that:

      (a) Becomes a limited partner under NRS 87A.320; or

      (b) Was a limited partner in a limited partnership subject to chapter 88 of NRS when the limited partnership voluntarily elected to become subject to this chapter; and

      2. With respect to a foreign limited partnership, a person that has rights, powers and obligations similar to those of a limited partner in a limited partnership.

(Added to NRS by 2007, 438)

                    
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