Definitions.
Nev. Rev. Stat. § 88.315
in effectAs used in this chapter, unless the context otherwise requires:
1. Certificate of limited partnership means the certificate referred to in NRS 88.350 , and the certificate as amended or restated.
2. Contribution means any cash, property, services rendered, or a promissory note or other binding obligation to contribute cash or property or to perform services, which a partner contributes to a limited partnership in his or her capacity as a partner.
3. Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in NRS 88.450 .
4. Foreign limited partnership means a partnership formed under the laws of a jurisdiction other than this State and having as partners one or more general partners and one or more limited partners.
5. Foreign registered limited-liability limited partnership means a foreign limited-liability limited partnership:
(a) Formed pursuant to an agreement governed by the laws of another state; and
(b) Registered pursuant to and complying with NRS 88.570 to 88.605 , inclusive, and 88.609 .
6. General partner means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and named in the certificate of limited partnership as a general partner.
7. Limited partner means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement.
8. Limited partnership and domestic limited partnership mean a partnership formed by two or more persons under the laws of this State and having one or more general partners and one or more limited partners, including a restricted limited partnership.
9. Partner means a limited or general partner.
10. Partnership agreement means any valid agreement, written or oral, of the partners as to the affairs of a limited partnership and the conduct of its business.
11. Partnership interest means a partners share of the profits and losses of a limited partnership and the right to receive distributions of partnership assets.
12. Registered limited-liability limited partnership means a limited partnership:
(a) Formed pursuant to an agreement governed by this chapter; and
(b) Registered pursuant to and complying with NRS 88.350 to 88.415 , inclusive, 88.548 , 88.606 , 88.6065 and 88.607 .
13. Registered agent has the meaning ascribed to it in NRS 77.230 .
14. Registered office means the office maintained at the street address of the registered agent.
15. Restricted limited partnership means a limited partnership organized and existing under this chapter that elects to include the optional provisions permitted by NRS 88.350 .
16. State means a state, territory or possession of the United States, the District of Columbia or the Commonwealth of Puerto Rico.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-088.htmlFetched: 10/4/2026