Nevada (88) Limited Partnership Foreignig— - Revival (NRS Chapter 88) is a type of limited partnership used by foreign entities to revive a foreign limited partnership that has been dissolved pursuant to the Nevada Revised Statutes Chapter 88. This type of limited partnership is also referred to as a Foreign LP 88. There are two types of Nevada (88) Limited Partnership Foreignig— - Revival (NRS Chapter 88), an original revival and a continuation. An original revival is used when the foreign limited partnership was originally formed in Nevada and dissolved pursuant to Chapter 88. A continuation is used when the foreign limited partnership was originally formed in another jurisdiction and has been dissolved. The purpose of Nevada (88) Limited Partnership Foreignig— - Revival (NRS Chapter 88) is to allow for the revival of the foreign limited partnership so that it can continue to operate legally and conduct business in the state of Nevada. The revival must be approved by the state and must meet the requirements set forth in NRS Chapter 88. The benefits of using Nevada (88) Limited Partnership Foreignig— - Revival (NRS Chapter 88) to revive a foreign limited partnership include the ability to restore the limited partnership’s legal status, the ability to transfer ownership interests in the partnership, and the ability to continue to conduct business in the state of Nevada.
Nevada (88) Limited Partnership -Foreign - Revival(NRS Chapter88) Used to revive aforeign Limited Partnership pursuant to NRS Chapter 88.
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