Business which may be carried on; prohibition against formation of limited partnership for certain illegal purposes.
Nev. Rev. Stat. § 88.342
in effect1. A limited partnership may carry on any business that a partnership without limited partners may carry on except banking or insurance.
2. A person shall not form a limited partnership for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-088.htmlFetched: 10/4/2026
