Nevada Statutes

§ 87A.665 — Derivative action

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 87A Uniform· ACTIONS BY PARTNERS

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.

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Related

Pompei v. Clarkson
(Nevada Supreme Court, 2016)

Legislative History

(Added to NRS by 2007, 481 )

Nearby Sections

15
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