Nevada Revised Statutes

Nev. Rev. Stat. § 87.210 (2026)

Partner accountable as fiduciary

✓ current as of July 2026
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NRS 87.210  Partner accountable as fiduciary.

      1.  Every partner must account to the partnership for any benefit and hold as trustee for it any profits derived by the partner without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by the partner of its property.

      2.  This section applies also to the representatives of a deceased partner engaged in the liquidation of the affairs of the partnership as the personal representatives of the last surviving partner.

      [21:74:1931; 1931 NCL § 5028.20]

     

Notes of Decisions
Cited in 1 case, 2020–2020 · leading case: Israyelyan Vs. Chavez (Nev. 2020).
Israyelyan Vs. Chavez (Nev. 2020). “138; NRS 87.210; see also See Ela v. Destefano, 869 F.”
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