Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES |
CHAPTER87A. Uniform Limited Partnership Act (2001) |
ACTIONS BY PARTNERS |
NRS87A.670. Proper plaintiff.
Latest version.
- A derivative action may be maintained only by a person that is a partner at the time the action is commenced and:
1. That was a partner when the conduct giving rise to the action occurred; or
2. Whose status as a partner devolved upon the person by operation of law or pursuant to the terms of the partnership agreement from a person that was a partner at the time of the conduct.
(Added to NRS by 2007, 482)