Nevada § 87.230 - Continuation of partnership beyond fixed term

Full text of Nevada Nevada Revised Statutes § 87.230 — Continuation of partnership beyond fixed term, with citation guidance and answers to common questions.

§ 87.230. Continuation of partnership beyond fixed term

1. When a partnership for a fixed term or particular undertaking is continued after

the termination of such term or particular undertaking without any express agreement,

the rights and duties of the partners remain the same as they were at such termination,

so far as is consistent with a partnership at will. 2. A continuation of the business by partners or such of them as habitually acted

therein during the term, without any settlement or liquidation of the partnership

affairs, is prima facie evidence of a continuation of the partnership.

Source: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 87.230

What does Nevada Revised Statutes § 87.230 cover?

Section 87.230 ("Continuation of partnership beyond fixed term") 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 § 87.230?

A common citation format is "Nevada Revised Statutes § 87.230" (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 § 87.230 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.