Nev. Rev. Stat. » NRS: CHAPTER 87A - UNIFORM LIMITED PARTNERSHIP ACT (2001)

Nev. Rev. Stat. § 87A.665

Derivative action

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NRS 87A.665  Derivative action.  A partner may maintain a derivative action to enforce a right of a limited partnership if:

      1.  The partner first makes a demand on the general partners, requesting that they cause the limited partnership to bring an action to enforce the right, and the general partners do not bring the action within a reasonable time; or

      2.  A demand would be futile.

      (Added to NRS by 2007, 481)

     

Notes of Decisions
Cited in 1 case, 2016–2016 · leading case: Pompei v. Clarkson
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Pompei v. Clarkson (2016) nev “485 (recognizing a member's right to assert a derivative claim on behalf of a limited-liability company); NRS 87A.665, 87A.670, NRS 88.610, 88.615 (recognizing a partner's right to assert a derivative claim on behalf of a limited partnership).”
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