The provisions of NRS 87.4301 to 87.4357, inclusive, apply to a partnership:
1. Which voluntarily elects to be governed by the provisions of NRS 87.4301 to 87.4357, inclusive; or
2. Which is formed on or after July 1, 2006, and which does not voluntarily elect to be governed by the provisions of NRS 87.010 to 87.430, inclusive.
(Added to NRS by 2005, 423; A 2007, 2428)