Nev. Rev. Stat. § 88.608
Liability of partner for debt or liability of partnership
Nevada · Nevada Revised Statutes Chapter 88 — Uniform Limited Partnership Act · Status: effective
Cite this
- Citation
- Nev. Rev. Stat. § 88.608, Liability of partner for debt or liability of partnership, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2078396
- Permanent ID
ys:prov:2078396@1- SHA-256
0b621a94fed5fdc358f241b27f2aedc542c6ef37bf3b0cdd3d8926c540f2ec91
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. Unless otherwise provided by the certificate of limited partnership or partnership agreement, a partner of a registered limited-liability limited partnership is not personally liable for a debt or liability of the registered limited-liability limited partnership unless the trier of fact determines that adherence to the fiction of a separate entity would sanction fraud or promote a manifest injustice.
2. For purposes of this section, the failure of a registered limited-liability limited partnership to observe the formalities or requirements relating to the management of the registered limited-liability limited partnership, in and of itself, is not sufficient to establish grounds for imposing personal liability on a partner for a debt or liability of the registered limited-liability limited partnership.