Nev. Rev. Stat. § 87.160

Partner by estoppel

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NRS 87.160 Partner by estoppel.

1. When a person, by words spoken or written or by conduct, represents himself or herself, or consents to another representing him or her to any one, as a partner in an existing partnership or with one or more persons not actual partners, the person is liable to any such person to whom such representation has been made who has, on the faith of such representation, given credit to the actual or apparent partnership, and if the person has made such representation or consented to its being made in a public manner the person is liable to such person, whether the representation has or has not been made or communicated to such person so giving credit by or with the knowledge of the apparent partner making the representation or consenting to its being made.

(a) When a partnership liability results, the person is liable as though the person were an actual member of the partnership.

(b) When no partnership liability results, the person is liable jointly with the other persons, if any, so consenting to the contract or representation as to incur liability, otherwise separately.

2. When a person has been thus represented to be a partner in an existing partnership, or with one or more persons not actual partners, the person is an agent of the persons consenting to such representation to bind them to the same extent and in the same manner as though he or she were a partner in fact, with respect to persons who rely upon the representation. Where all the members of the existing partnership consent to the representation, a partnership act or obligation results; but in all other cases it is the joint act or obligation of the person acting and the persons consenting to the representation.

3. This section does not apply to any person who, by words spoken or written or by conduct, announces an association of persons for the sole purpose of a business development, regardless of whether such an announcement uses, or the association of persons is described by, the terms “partnering” or “joint venturing” or any other similar term, so long as the business development is undertaken by one or more corporations or limited-liability companies.

[16:74:1931; 1931 NCL § 5028.15]—(NRS A 2015, 3213)

Notes of Decisions

Cited in 3 cases, 1985–2014 · leading case: Henderson v. Buchanan (In Re Western World Funding, Inc.)

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Henderson v. Buchanan (In Re Western World Funding, Inc.) (1985) nvb · cites it 2× “Although the testimony presented indicates that particular creditors might be able to hold these defendants personally liable for their claims by invoking the doctrine of partner by estoppel, Nev.Rev.Stat. § 87.160, the trustee does not seek to represent particular creditors who…”

In re Cay Clubs (2014) nev · cites it 104× “" The purchasers asserted that Aeder and the JDI entities were liable for these actionable wrongdoings under NRS 87.160(1)—a statute that codified the partnership-by-estoppel doctrine.”

In re Cay Clubs (2014) nev · cites it 57× “" The purchasers asserted that Aeder and the JDI entities were liable for these actionable wrongdoings under NRS 87.160(1)—a statute that codifies the partnership-by-estoppel doctrine.”

— Nev. Rev. Stat. § 87.160(1) — 2 cases

In re Cay Clubs (2014) nev “" The purchasers asserted that Aeder and the JDI entities were liable for these actionable wrongdoings under NRS 87.160(1)—a statute that codified the partnership-by-estoppel doctrine.”

In re Cay Clubs (2014) nev “" The purchasers asserted that Aeder and the JDI entities were liable for these actionable wrongdoings under NRS 87.160(1)—a statute that codifies the partnership-by-estoppel doctrine.”

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