Nevada Administrative Code Chapter 87 - Partnerships

Nevada Administrative Code (NAC) – Chapter 87: Partnerships provides regulations supplementing the Nevada Revised Statutes (NRS) Chapter 87, which governs partnerships, including the formation, operation, and dissolution of general partnerships in Nevada.

πŸ” Overview of NAC Chapter 87 – Partnerships:

This chapter of the NAC is relatively brief and administrative in nature, as most substantive partnership law is codified in NRS Chapter 87 (Uniform Partnership Act) and NRS Chapter 87A (Uniform Limited Partnership Act). The NAC primarily focuses on:

βœ… Key Areas Covered in NAC Chapter 87:

Filing Requirements with the Secretary of State

Rules for filing partnership documents such as:

Statements of partnership authority

Amendments or cancellations

Notices regarding dissolution or changes in partnership

Forms and Fees

Standardized forms required for filings

Filing fees and requirements for online submissions

Name Requirements

Guidelines for acceptable partnership names

Prohibition of misleading or duplicate names

Registered Agents

Requirements for partnerships to maintain a registered agent in Nevada

Procedures for changing the registered agent or office

Administrative Dissolution and Reinstatement

Conditions under which the Secretary of State may administratively dissolve a partnership

Process for reinstatement after dissolution

πŸ“Œ Related Legal References:

NRS Chapter 87 – General Partnerships

NRS Chapter 87A – Limited Partnerships

NRS Chapter 88 – Limited-Liability Partnerships

Nevada Secretary of State – Commercial Recordings Division
(Handles partnership filings)

 

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