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2021 Nevada Revised Statutes
Chapter 88 - Uniform Limited Partnership Act
NRS 88.520 - Limitations on distribution.
Universal Citation:
NV Rev Stat § 88.520 (2021)
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A partner may not receive a distribution from a limited partnership to the extent that, after giving effect to the distribution, all liabilities of the limited partnership, other than liabilities to partners on account of their partnership interests, exceed the fair value of the partnership assets.
(Added to NRS by 1985, 1289)
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