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2025 Nevada Revised Statutes
Chapter 88 - Uniform Limited Partnership Act
NRS 88.342 - Business which may be carried on; prohibition against formation of limited partnership for certain illegal purposes.
Universal Citation:
NV Rev Stat § 88.342 (2025)
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1. A limited partnership may carry on any business that a partnership without limited partners may carry on except banking or insurance.
2. A person shall not form a limited partnership for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.
(Added to NRS by 1987, 78; A 2013, 881)
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