Section 88.342 - Business which may be carried on; prohibition against formation of limited partnership for certain illegal purposes1. A limited partnership may carry on any business that a partnership without limited partners may carry on except banking or insurance.2. A person shall not form a limited partnership for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.Added to NRS by 1987, 78; A 2013, 881Amended by 2013, Ch. 221,§62, eff. 10/1/2013.