Nev. Rev. Stat. » NRS: CHAPTER 87 - PARTNERSHIPS

Nev. Rev. Stat. § 87.260

Nature of partner’s interest in partnership

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NRS 87.260  Nature of partner’s interest in partnership.  A partner’s interest in the partnership is his or her share of the profits and surplus, and the same is personal property.

      [26:74:1931; 1931 NCL § 5028.25]

     

Notes of Decisions
Cited in 2 cases, 1970–1972 · leading case: Tupper v. Kroc
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Tupper v. Kroc (1972) nev · cites it 4× “240; NRS 87.260; NRS 87.280. Any further or more extensive description would have been confusing or redundant.”
Balaban v. Bank of Nevada (1970) nev · cites it 2× “As to the second of his partnership rights, his interest in the partnership is his share of the profits and surplus, and the same is personal property (NRS 87.260). This right is the same as it was at common law.”
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