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Nevada Partnership Agreement

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Nevada Partnership Agreement
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Updated March 19, 2024

A Nevada partnership agreement is a legally binding record that explains a management partnership’s structure. It generally confirms duration, dissolution, liabilities, dispute resolution, and ownership interests. The contract must be as meticulous as possible in order to lessen confusion in the future.

Partnership Types

  • General Partnerships (GP)[1][2] 
  • Limited Partnership (LP)[3][4]
  • Limited Liability Partnership (LLP)[5]
  • Limited Liability Limited Partnership (LLLP)[6]
  • Limited Liability Companies (LLC)[7]

Sources

  1. Title 7, Chapter 87 (§§ 010-430)
  2. Title 7, Chapter 88 (§§ 445-465)
  3. Title 7, Chapter 88 (§§ 010-415)
  4. Title 7, Chapter 88 (§§ 420-440)
  5. Title 7, Chapter 87 (§§ 440-540)
  6. Title 7, Chapter 88 (§§ 606-609)
  7. Title 7, Chapter 85 (§§ 011-590)