Nevada Revised Statutes

Nev. Rev. Stat. § 87.240 (2026)

Extent of property rights of partner

✓ current as of July 2026

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NRS 87.240 Extent of property rights of partner. The property rights of a partner are:

1. His or her rights in specific partnership property;

2. His or her interest in the partnership; and

3. His or her right to participate in the management.

[24:74:1931; 1931 NCL § 5028.23]

Notes of Decisions

Cited in 2 cases, 1970–1972 · leading case: Tupper v. Kroc, 494 P.2d 1275 (Nev. 1972).

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Tupper v. Kroc, 494 P.2d 1275 (Nev. 1972). · cites it 3× “NRS 87.240; NRS 87.260; NRS 87.280. Any further or more extensive description would have been confusing or redundant.”

Balaban v. Bank of Nevada, 477 P.2d 860 (Nev. 1970). “Pursuant to the Uniform Partnership Act (NRS 87.240), the property rights of a partner are (1) his rights in specific partnership property, (2) his interest in the partnership, and (3) his right to participate in the management.”

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