NRS 87.4337
Actions by partnership and partners.


1.

A partnership may maintain an action against a partner for a breach of the partnership agreement, or for the violation of a duty to the partnership, causing harm to the partnership.

2.

A partner may maintain an action against the partnership or another partner for legal or equitable relief, with or without an accounting as to partnership business, to:

(a)

Enforce the partner’s rights under the partnership agreement;

(b)

Enforce the partner’s rights under NRS 87.4301 to 87.4357, inclusive, including:

(1)

The partner’s rights under NRS 87.4333, 87.4335 or 87.4336;

(2)

The partner’s right on dissociation to have the partner’s interest in the partnership purchased pursuant to NRS 87.4346 or enforce any other right under NRS 87.4343 to 87.435, inclusive; or

(3)

The partner’s right to compel a dissolution and winding up of the partnership business under NRS 87.4351 or enforce any other right under NRS 87.4351 to 87.4357, inclusive; or

(c)

Enforce the rights and otherwise protect the interests of the partner, including rights and interests arising independently of the partnership relationship.

3.

The accrual of, and any time limitation on, a right of action for a remedy under this section is governed by other law. A right to an accounting upon a dissolution and winding up does not revive a claim barred by law.

Source: Section 87.4337 — Actions by partnership and partners., https://www.­leg.­state.­nv.­us/NRS/NRS-087.­html#NRS087Sec4337.

Last Updated

Jun. 24, 2021

§ 87.4337’s source at nv​.us