Nevada Administrative Code
Chapter 87A - Limited Partnerships (2001)
PENALTY FOR PURPORTING TO DO BUSINESS WITHOUT REGISTRATION
Section 87A.400 - Activities subject to fine

Universal Citation: NV Admin Code 87A.400

Current through December 12, 2024

1. The Secretary of State may refer the matter to the district attorney of the county in which a person's principal place of business is located or the Attorney General, or both, for a determination of whether to institute proceedings to recover the fine set forth in NRS 87A.237 if the person:

(a) Is purporting to be a limited partnership but has willfully failed to file with the Secretary of State a certificate of limited partnership;

(b) Is doing business in this State as a limited partnership but has willfully failed to file with the Secretary of State a certificate of limited partnership; or

(c) Is doing business in this State as a limited partnership while the limited partnership is in terminated status.

2. The Secretary of State may refer the matter to the district attorney of the county in which a foreign limited partnership has its principal place of business or the Attorney General, or both, for a determination of whether to institute proceedings to recover the fine set forth in NRS 87A.610, if the foreign limited partnership:

(a) Is transacting business in this State but has willfully failed to register with the Secretary of State pursuant to NRS 87A.540 or 88.575; or

(b) Is transacting business in this State while the foreign limited partnership is in terminated status.

3. The Secretary of State may refer the matter to the district attorney of the county in which a person's principal place of business is located or the Attorney General, or both, for a determination of whether to institute proceedings to recover the fine set forth in NRS 87A.632 if the person:

(a) Is purporting to be a registered limited-liability limited partnership but has willfully failed to file with the Secretary of State a certificate of registration;

(b) Is doing business in this State as a registered limited-liability limited partnership but has willfully failed to file with the Secretary of State a certificate of registration; or

(c) Is doing business in this State as a registered limited-liability limited partnership while the registered limited-liability limited partnership is in terminated status.

4. The Secretary of State may refer the matter to the district attorney of the county in which a limited-liability limited partnership, formed pursuant to an agreement governed by the laws of another state, has its principal place of business or the Attorney General, or both, for a determination of whether to institute proceedings to recover the fine set forth in NRS 87A.652 if the limited-liability limited partnership:

(a) Is transacting business in this State but has willfully failed to register with the Secretary of State pursuant to NRS 87A.540 or 88.575; or

(b) Is transacting business in this State while the limited-liability limited partnership is in terminated status.

5. As used in this section, "terminated status" means any status in the records of the Office of the Secretary of State which indicates that a person or limited-liability limited partnership, formed pursuant to an agreement governed by the laws of another state, no longer has the right to transact business in this State, including, without limitation, the status of "revoked," "permanently revoked," "dissolved," "cancelled," "terminated" or "withdrawn."

Added to NAC by Sec'y of State by R070-11, eff. 5-30-2012; A by R080-13, 12-23-2013

NRS 87A.237, 87A.610, 87A.632, 87A.652

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