Nev. Rev. Stat. § 88.615

Qualifications of plaintiff

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NRS 88.615 Qualifications of plaintiff. In a derivative action, the plaintiff must be a partner at the time of bringing the action and:

1. At the time of the transaction of which the plaintiff complains; or

2. The plaintiff’s status as a partner had devolved upon him or her by operation of law or pursuant to the terms of the partnership agreement from a person who was a partner at the time of the transaction.

(Added to NRS by 1985, 1293)

Notes of Decisions

Cited in 1 case, 2006–2006 · leading case: G.K. Las Vegas Ltd. Partnership v. Simon Property Group, Inc.

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G.K. Las Vegas Ltd. Partnership v. Simon Property Group, Inc. (2006) nvd · cites it 2× “Nev.Rev.Stat. § 88.615. As noted in the September 30, 2005 Order, Plaintiff was no longer a limited partner when he commenced this suit, and therefore any attempt to bring claims derivatively on behalf of injuries suffered by FDLP is improper.”

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