Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES |
CHAPTER87A. Uniform Limited Partnership Act (2001) |
CONTRIBUTIONS AND DISTRIBUTIONS |
NRS87A.400. Sharing of distributions.
Latest version.
- 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.
(Added to NRS by 2007, 461)