NRS 143.040
Rights of surviving partner.

1.

If a partnership existed between the decedent, at the time of death, and any other person, the surviving partner may continue in possession of the effects of the partnership and settle its business, but the interest of the decedent must be included in the inventory and appraised as an asset of the estate.

2.

The surviving partner shall proceed to settle the affairs of the partnership without delay, and shall account to the personal representative and pay over such balance as may be, from time to time, payable to the estate of the decedent.

3.

Upon the petition of the personal representative, the court may, whenever it may appear necessary, order the surviving partner to render an accounting, and in case of neglect or refusal, may, after notice, compel it by any lawful process, and the personal representative may maintain against the surviving partner any action which the decedent could have maintained.

4.

Upon any sale of a partnership interest, the surviving partner may be a bidder.

Source: Section 143.040 — Rights of surviving partner., https://www.­leg.­state.­nv.­us/NRS/NRS-143.­html#NRS143Sec040.

143.010
Multiple personal representatives: Effect of absence or disability 143.020
Right to possession of decedent’s property. 143.030
Duty to take possession of estate and collect debts 143.035
Duty to use reasonable diligence 143.037
Duty to close estate within 18 months after appointment 143.040
Rights of surviving partner. 143.050
Continuing business of decedent 143.060
Extent of power to sue and be sued. 143.065
Statute of limitations for cause of action of decedent. 143.070
Actions by personal representative for conversion or trespass. 143.080
Actions against personal representative for conversion or trespass. 143.090
Action on bond of former personal representative. 143.100
Action for conversion before letters granted. 143.110
Procedure when conversion alleged: Citation 143.120
Procedure when conversion alleged: Commitment for refusal to appear for examination 143.130
Accounting by person holding assets of estate for personal representative 143.140
Discharging debtor of estate, compromising claims and renewing obligations: Procedure. 143.150
Action to recover fraudulently conveyed property for benefit of creditors. 143.160
Costs 143.165
Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance 143.170
Purchase of property of estate by personal representative. 143.175
Power to make certain investments. 143.180
Power to make loans, advances of credit and other investments insured by Federal Housing Administrator 143.185
Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives. 143.187
Power to hold stock in name of nominee 143.188
Power to direct termination of certain electronic or digital accounts or assets. 143.190
Cumulative method of service of process on personal representative 143.200
Actions not to abate on death, disqualification, resignation or removal of personal representative 143.210
Necessary parties to actions.
Last Updated

Feb. 5, 2021

§ 143.040’s source at nv​.us