Nevada Limited-Liability Partnership Registration (NRS CHAPTER87) is a type of business entity available to businesses operating in the state of Nevada. This type of entity provides limited liability protection to its owners, also known as partners. The partnership is registered with the Nevada Secretary of State and is governed by the Nevada Revised Statutes. The three types of partnerships allowed under NRS CHAPTER87 are a general partnership, a limited partnership, and a limited liability partnership (LLP). A general partnership is an unincorporated business with two or more persons who are jointly and severally liable for the partnership’s debts and obligations. A limited partnership is similar to a general partnership, but each partner’s liability is limited to the amount of their contribution. A limited liability partnership is a hybrid entity that provides limited liability protection to its owners, similar to a corporation. To register a Nevada Limited-Liability Partnership, the partners must file the appropriate documents with the Nevada Secretary of State. The documents required are a Certificate of Limited-Liability Partnership, a Statement of Qualification, and a Statement of Authority. The partners must also pay a filing fee and provide information about the partnership, including the business name, the address of the partnership, and the names and addresses of the partners. After the partnership is registered, it must adhere to all applicable Nevada laws.