87A.665 - Derivative action.

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)