Nevada § 88.315 - Definitions

§ 88.315. Definitions

As used in this chapter, unless the context otherwise requires: 1. “ Certificate of limited partnership ” means the certificate referred to in NRS 88.350 , and the certificate as amended or restated. 2. “ Contribution ” means any cash, property, services rendered, or a promissory note or other binding

obligation to contribute cash or property or to perform services, which a partner

contributes to a limited partnership in his or her capacity as a partner. 3. “ Event of withdrawal of a general partner ” means an event that causes a person to cease to be a general partner as provided

in NRS 88.450 . 4. “ Foreign limited partnership ” means a partnership formed under the laws of a jurisdiction other than this State

and having as partners one or more general partners and one or more limited partners. 5. “ Foreign registered limited-liability limited partnership ” means a foreign limited-liability limited partnership: (a) Formed pursuant to an agreement governed by the laws of another state; and (b) Registered pursuant to and complying with NRS 88.570 to 88.605 , inclusive, and 88.609 . 6. “ General partner ” means a person who has been admitted to a limited partnership as a general partner

in accordance with the partnership agreement and named in the certificate of limited

partnership as a general partner. 7. “ Limited partner ” means a person who has been admitted to a limited partnership as a limited partner

in accordance with the partnership agreement. 8. “ Limited partnership ” and “ domestic limited partnership ” mean a partnership formed by two or more persons under the laws of this State and

having one or more general partners and one or more limited partners, including a

restricted limited partnership. 9. “ Partner ” means a limited or general partner. 10. “ Partnership agreement ” means any valid agreement, written or oral, of the partners as to the affairs of

a limited partnership and the conduct of its business. 11. “ Partnership interest ” means a partner's share of the profits and losses of a limited partnership and the

right to receive distributions of partnership assets. 12. “ Registered limited-liability limited partnership ” means a limited partnership: (a) Formed pursuant to an agreement governed by this chapter; and (b) Registered pursuant to and complying with NRS 88.350 to 88.415 , inclusive, 88.548 , 88.606 , 88.6065 and 88.607 . 13. “ Registered agent ” has the meaning ascribed to it in NRS 77.230 . 14. “ Registered office ” means the office maintained at the street address of the registered agent. 15. “ Restricted limited partnership ” means a limited partnership organized and existing under this chapter that elects

to include the optional provisions permitted by NRS 88.350 . 16. “ State ” means a state, territory or possession of the United States, the District of Columbia

or the Commonwealth of Puerto Rico.