Nevada Statutes
§ 86.489 — Expenses
Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 86 Limited-Liability· DERIVATIVE ACTIONS
If a derivative action is successful, in whole or in part, or if anything is received by the plaintiff as a result of a judgment, compromise or settlement of an action or claim, the court may award the plaintiff reasonable expenses, including reasonable attorney’s fees, and shall direct the plaintiff to remit to the limited-liability company the remainder of those proceeds received by the plaintiff.
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Legislative History
(Added to NRS by 2001, 1386 ; A 2001, 3199 )
Nearby Sections
15
§ 86.011
Definitions§ 86.031
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“Noneconomic member” defined§ 86.101
“Operating agreement” defined§ 86.111
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