Nevada § 87.4344 - Power of partner to dissociate; wrongful dissociation
Full text of Nevada Nevada Revised Statutes § 87.4344 — Power of partner to dissociate; wrongful dissociation, with citation guidance and answers to common questions.
§ 87.4344. Power of partner to dissociate; wrongful dissociation
1. A partner has the power to dissociate at any time, rightfully or wrongfully, by
express will pursuant to subsection 1 of NRS 87.4343 . 2. A partner's dissociation is wrongful only if: (a) It is in breach of an express provision of the partnership agreement; or (b) In the case of a partnership for a definite term or particular undertaking, before
the expiration of the term or the completion of the undertaking: (1) The partner withdraws by express will, unless the withdrawal follows within 90
days after another partner's dissociation by death or otherwise under subsections
6 to 10, inclusive, of NRS 87.4343 or wrongful dissociation under this subsection; (2) The partner is expelled by judicial determination under subsection 5 of NRS 87.4343 ; (3) The partner is dissociated by becoming a debtor in bankruptcy; or (4) In the case of a partner who is not a natural person, a trust other than a business
trust or an estate, the partner is expelled or otherwise dissociated because it willfully
dissolved or terminated. 3. A partner who wrongfully dissociates is liable to the partnership and to the other
partners for damages caused by the dissociation. The liability is in addition to any other obligation of the partner to the partnership
or to the other partners.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 87.4344
What does Nevada Revised Statutes § 87.4344 cover?
Section 87.4344 ("Power of partner to dissociate; wrongful dissociation") 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 § 87.4344?
A common citation format is "Nevada Revised Statutes § 87.4344" (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 § 87.4344 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.