Nevada § 87.320 - Dissolution by decree of court
Full text of Nevada Nevada Revised Statutes § 87.320 — Dissolution by decree of court, with citation guidance and answers to common questions.
§ 87.320. Dissolution by decree of court
1. On application by or for a partner the court shall decree a dissolution whenever: (a) A partner has been declared a lunatic in any judicial proceeding or is shown to
be of unsound mind; (b) A partner becomes in any other way incapable of performing his or her part of
the partnership contract; (c) A partner has been guilty of such conduct as tends to affect prejudicially the
carrying on of the business; (d) A partner willfully or persistently commits a breach of the partnership agreement,
or otherwise so conducts himself or herself in matters relating to the partnership
business that it is not reasonably practicable to carry on the business in partnership
with the partner; (e) The business of the partnership can only be carried on at a loss; or (f) Other circumstances render a dissolution equitable. 2. On the application of the purchaser of a partner's interest under NRS 87.270 or 87.280 : (a) After the termination of the specified term or particular undertaking; or (b) At any time if the partnership was a partnership at will when the interest was
assigned or when the charging order was issued.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 87.320
What does Nevada Revised Statutes § 87.320 cover?
Section 87.320 ("Dissolution by decree of court") 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 § 87.320?
A common citation format is "Nevada Revised Statutes § 87.320" (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 § 87.320 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.