1. If a partners dissociation results in a dissolution and winding up of the partnership business, the provisions of NRS 87.4351 to 87.4357 , inclusive, apply. If a partners dissociation does not result in a dissolution and winding up of the partnership business, the provisions of NRS 87.4346 to 87.435 , inclusive, apply. 2. Upon a partners dissociation: (a) The partners right to participate in the management and conduct of the partnership business terminates, except as otherwise provided in NRS 87.4353 ; (b) The partners duty of loyalty under paragraph (c) of subsection 2 of NRS 87.4336 terminates; and (c) The partners duty of loyalty under paragraphs (a) and (b) of subsection 2 of NRS 87.4336 and duty of care under subsection 3 of NRS 87.4336 continue only with regard to matters arising and events occurring before the partners dissociation, unless the partner participates in winding up the partnerships business pursuant to NRS 87.4353 .
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