NRS
87.270 Assignment of partner’s interest.
1. A conveyance by a partner of his or her
interest in the partnership does not of itself dissolve the partnership, nor,
as against the other partners in the absence of agreement, entitle the
assignee, during the continuance of the partnership, to interfere in the
management or administration of the partnership business or affairs, or to
require any information or account of partnership transactions, or to inspect
the partnership books; but it merely entitles the assignee to receive in
accordance with the contract the profits to which the assigning partner would
otherwise be entitled.
2. In case of a dissolution of the
partnership, the assignee is entitled to receive the assignor’s interest and
may require an account from the date only of the last account agreed to by all
the partners.
[27:74:1931; 1931 NCL § 5028.26]
Notes of Decisions
Cited in
3
cases, 1957–1972 · leading case:
Tupper v. Kroc, 494 P.2d 1275 (Nev. 1972).
Tupper v. Kroc, 494 P.2d 1275 (Nev. 1972).
“See NRS 87.270. Furthermore, the partnership agreements could not divest the district court of its powers provided by statute to charge and sell an interest of a partner in a partnership.”
Balaban v. Bank of Nevada, 477 P.2d 860 (Nev. 1970).
“” The third partnership property right restricts partnership management personally to the partners, and while he may assign his partnership rights, the only right acquired by his assignee is a share in the profits (NRS 87.270 and 87.180(7)). 3. The probate code also bears upon…”
Bynum v. Frisby, 311 P.2d 972 (Nev. 1957).
“A conveyance by a partner of his interest in the partnership does not of itself dissolve the partnership, nor, as against the other partners in the absence of agreement, entitle the assignee, during the continuance of the partnership, to interfere in the management or…”
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