State Codes and Statutes
Statutes > Nevada > Title-7 > Chapter-87a > General-provisions > 87a-15587A.155 Nature, purpose and duration of entity.
1. A limited partnership is an entity distinct from its partners. A limited partnership is the same entity regardless of whether the limited partnership has registered as a registered limited-liability limited partnership.
2. A limited partnership may be organized under this chapter for any lawful purpose.
3. A limited partnership has a perpetual duration.
(Added to NRS by 2007, 440)
