Nevada § 87.080 - Property of partnership
Full text of Nevada Nevada Revised Statutes § 87.080 — Property of partnership, with citation guidance and answers to common questions.
§ 87.080. Property of partnership
1. All property originally brought into the partnership stock or subsequently acquired
by purchase or otherwise, on account of the partnership, is partnership property. 2. Unless the contrary intention appears, property acquired with partnership funds
is partnership property. 3. Any estate in real property may be acquired in the partnership name. Title so acquired can be conveyed only in the partnership name. 4. A conveyance to a partnership in the partnership name, though without words of
inheritance, passes the entire estate of the grantor unless a contrary intent appears.
Frequently Asked Questions About Nevada § 87.080
What does Nevada Revised Statutes § 87.080 cover?
Section 87.080 ("Property of partnership") 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 § 87.080?
A common citation format is "Nevada Revised Statutes § 87.080" (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 § 87.080 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.