Nevada Revised Statutes 87.4354 – Power of partner to bind partnership after dissolution
Current as of: 2023 | Check for updates
|
Other versions
Subject to NRS 87.4355, a partnership is bound by a partner’s act after dissolution that:
Terms Used In Nevada Revised Statutes 87.4354
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
1. Is appropriate for winding up the partnership business; or
2. Would have bound the partnership under NRS 87.4325 before dissolution, if the other party to the transaction did not have notice of the dissolution.