Nevada § 88.550 - Events causing dissolution
Full text of Nevada Nevada Revised Statutes § 88.550 — Events causing dissolution, with citation guidance and answers to common questions.
§ 88.550. Events causing dissolution
A limited partnership is dissolved and its affairs must be wound up upon the happening
of the first of the following to occur: 1. At the time specified in the certificate of limited partnership; 2. Upon the happening of events specified in writing in the partnership agreement; 3. Written consent of all partners; 4. An event of withdrawal of a general partner unless at the time there is at least
one other general partner and the written provisions of the partnership agreement
permit the business of the limited partnership to be carried on by the remaining general
partner and that partner does so, but the limited partnership is not dissolved and
is not required to be wound up by reason of any event of withdrawal if, within 90
days after the withdrawal, all partners agree in writing to continue the business
of the limited partnership and to the appointment of one or more additional general
partners if necessary or desired; or 5. Entry of a decree of judicial dissolution under NRS 88.555 .
Frequently Asked Questions About Nevada § 88.550
What does Nevada Revised Statutes § 88.550 cover?
Section 88.550 ("Events causing dissolution") 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 § 88.550?
A common citation format is "Nevada Revised Statutes § 88.550" (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 § 88.550 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.