US Legal Forms
Nevada (88) Amendment to a Limited Partnership(NRS88.355)

Nevada (88) Amendment to a Limited Partnership(NRS88.355)

Name: Nevada (88) Amendment to a Limited Partnership(NRS88.355)
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.82 (203 reviews)

Category:

Nevada Secretary of State - Limited Liability Company

State:

Nevada

Control #:

NV-SKU-1481

Format:

Instant download

This website is not affiliated with any governmental entity

Public form

Sorry, the form is currently unavailable.Try our extended search for alternatives that meet your needs.

Description

(88) Amendment to a Limited Partnership(NRS88.355) Nevada (88) Amendment to a Limited Partnership (NRS88.355) is a type of amendment that allows changes to be made to a Limited Partnership in Nevada. The amendment is adopted to modify any provisions of the partnership agreement, including the name, the duration of the partnership, the rights and duties of the partners, and the powers of the partners. This amendment must be in writing and signed by the partners setting out the changes. It must also be approved by the Nevada Secretary of State and filed with the appropriate county clerk. There are three types of Nevada (88) Amendments to a Limited Partnership: a Certificate of Amendment, a Restated Certificate of Limited Partnership, and an Amended and Restated Certificate of Limited Partnership.

Nevada (88) Amendment to a Limited Partnership (NRS88.355) is a type of amendment that allows changes to be made to a Limited Partnership in Nevada. The amendment is adopted to modify any provisions of the partnership agreement, including the name, the duration of the partnership, the rights and duties of the partners, and the powers of the partners. This amendment must be in writing and signed by the partners setting out the changes. It must also be approved by the Nevada Secretary of State and filed with the appropriate county clerk. There are three types of Nevada (88) Amendments to a Limited Partnership: a Certificate of Amendment, a Restated Certificate of Limited Partnership, and an Amended and Restated Certificate of Limited Partnership.

View Affidavit by Heirs regarding Agreement as to who shall Inherit Motor Vehicle - To Obtain Transfer of Title

View this form

View Lease or Rental of Computer Equipment

View this form

View Corporation - Resolution

View this form

View Construction Safety and Health Plan

View this form

View General or Common Law Affidavit

View this form

How to fill out Nevada (88) Amendment To A Limited Partnership(NRS88.355)?

Working with legal documentation requires attention, precision, and using well-drafted blanks. US Legal Forms has been helping people nationwide do just that for 25 years, so when you pick your Nevada (88) Amendment to a Limited Partnership(NRS88.355) template from our library, you can be certain it complies with federal and state laws.

Working with our service is easy and fast. To obtain the necessary document, all you’ll need is an account with a valid subscription. Here’s a brief guide for you to get your Nevada (88) Amendment to a Limited Partnership(NRS88.355) within minutes:

Remember to carefully look through the form content and its correspondence with general and law requirements by previewing it or reading its description.
Look for another official blank if the previously opened one doesn’t suit your situation or state regulations (the tab for that is on the top page corner).
Log in to your account and download the Nevada (88) Amendment to a Limited Partnership(NRS88.355) in the format you need. If it’s your first time with our service, click Buy now to continue.
Register for an account, choose your subscription plan, and pay with your credit card or PayPal account.
Decide in what format you want to save your form and click Download. Print the blank or upload it to a professional PDF editor to submit it electronically.

All documents are drafted for multi-usage, like the Nevada (88) Amendment to a Limited Partnership(NRS88.355) you see on this page. If you need them one more time, you can fill them out without re-payment - simply open the My Forms tab in your profile and complete your document any time you need it. Try US Legal Forms and prepare your business and personal paperwork quickly and in full legal compliance!

Form Rating

4.82

Satisfied(203)

Form popularity

FAQ

Partners in a general partnership have shared liability for the debts and obligations of the business. Every partner agrees to unlimited personal liability for their actions, the actions of all other partners, and those of any and all employees.

Unlike some states, any business can become an LLP in Nevada. However, you must have at least two partners (a sole proprietor cannot form an LLP). Identify a unique business name that reflects your business well and appeals to the types of clients you want to attract.

Multi-member LLCs can, in most states, be formed by any business. Partners of an LLP have liability protection from other partners' actions and debts. In a multi-member LLC, there are cases where members can be held liable for other members' actions. An LLP can't change its tax classification.

The retirement, death, or insanity of a general partner dissolves the partnership, unless the business is continued by the remaining partners under a right to do so stated in the certificate, or with the consent of all members.

If you decide to form a partnership in Nevada, there are a few mandatory steps you must go through in order to properly create the partnership. Step 1: Select a business name.Step 2: File trademark on business name.Step 3: Complete required paperwork.Step 4: Determine if you need an EIN, additional licenses, or tax IDs.

A limited liability partnership is similar to a limited liability company (LLC) in that all partners are granted limited liability protection. However, in some states the partners in an LLP get less liability protection than in an LLC. LLP requirements vary from state to state.

Another difference between the two Chapters would be that Chapter 88 requires a dissolution date for your LP, while 87A allows for your limited partnership to exist forever. Regardless of the type of limited partnership, the partnership must register as such with the Nevada Secretary of State.

(a) A limited partner shall not become liable as a general partner unless, in addition to the exercise of his rights and powers as a limited partner, he takes part in the control of the business, and then only to persons who transact business with the partnership reasonably believing that the limited partner is a

More info

355 Amendment and restatement of certificate of limited partnership. Identify the type of Partnership you wish to form for applicable documents.(88) Amendment to a Limited Partnership (NRS Chapter 88.355). Foreign (Non-Nevada) Limited Partnership Amendments. Act 170 amended the defs. HTMLPDF25.05.005Definitions.HTMLPDF25.05.010Knowledge and notice.HTMLPDF25.05. 020Supplemental principles of law.HTMLPDF25.05. NRS 88 requires a dissolution date, NRS 87A does not.

Nevada (88) Amendment to a Limited Partnership(NRS88.355)

Description

Related forms

How to fill out Nevada (88) Amendment To A Limited Partnership(NRS88.355)?

Show more info

Form Rating

Form popularity

FAQ

Who has liability in a general partnership?

Who can form an LLP in Nevada?

What is the difference between LLP and multi member LLC?

Can the death of a general partner terminate a limited partnership?

How do I form a partnership LLC in Nevada?

What is the difference between a limited liability partnership and an LLC?

What is the difference between NRS 87A and NRS 88?

When shall a limited partner not become liable as a general partner?

More info

Trusted and secure by over 3 million people of the world’s leading companies