NRS 87A.415
Distribution in kind.

A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to subsection 2 of NRS 87A.530, a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner’s share of distributions.

Source: Section 87A.415 — Distribution in kind., https://www.leg.state.nv.us/NRS/NRS-87A.html#NRS87ASec415.

87A.390
Form of contribution. 87A.395
Liability for contribution. 87A.400
Sharing of distributions. 87A.405
Interim distributions. 87A.410
No distribution on account of withdrawal. 87A.415
Distribution in kind. 87A.420
Right to distribution. 87A.425
Limitations on distribution. 87A.427
Limitations on distributions applicable to restricted limited partnerships. 87A.430
Liability for improper distributions.

Last Updated

Jun. 24, 2021

§ 87A.415’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_87a.415

Original Source: Section 87A.415 — Distribution in kind., https://www.leg.state.nv.us/NRS/NRS-87A.html#NRS87ASec415 (last accessed Jun. 24, 2021).

NRS 87A.415 Distribution in kind.

NRS 87A.415
Distribution in kind.