Nevada § 143.040 - Rights of surviving partner
Full text of Nevada Nevada Revised Statutes § 143.040 — Rights of surviving partner, with citation guidance and answers to common questions.
§ 143.040. Rights of surviving partner
1. If a partnership existed between the decedent, at the time of death, and any other
person, the surviving partner may continue in possession of the effects of the partnership
and settle its business, but the interest of the decedent must be included in the
inventory and appraised as an asset of the estate. 2. The surviving partner shall proceed to settle the affairs of the partnership without
delay, and shall account to the personal representative and pay over such balance
as may be, from time to time, payable to the estate of the decedent. 3. Upon the petition of the personal representative, the court may, whenever it may
appear necessary, order the surviving partner to render an accounting, and in case
of neglect or refusal, may, after notice, compel it by any lawful process, and the
personal representative may maintain against the surviving partner any action which
the decedent could have maintained. 4. Upon any sale of a partnership interest, the surviving partner may be a bidder.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 143.040
What does Nevada Revised Statutes § 143.040 cover?
Section 143.040 ("Rights of surviving partner") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 143.040?
A common citation format is "Nevada Revised Statutes § 143.040" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 143.040 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.