87A.415 - Distribution in kind. - Nevada Statutes

87A.415  Distribution in kind.  A partner does not have a right to demand or receive any distribution from a limited partnership in any form other than cash. Subject to subsection 2 of NRS 87A.530, a limited partnership may distribute an asset in kind to the extent each partner receives a percentage of the asset equal to the partner’s share of distributions.

      (Added to NRS by 2007, 461)