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.
(Added to NRS by 2001, 1386; A 2001, 3199)
Structure Nevada Revised Statutes
Chapter 86 - Limited-Liability Companies
NRS 86.022 - "Articles" and "articles of organization" defined.
NRS 86.031 - "Bankrupt" defined.
NRS 86.051 - "Foreign limited-liability company" defined.
NRS 86.055 - "In interest" defined.
NRS 86.061 - "Limited-liability company" and "company" defined.
NRS 86.065 - "Majority in interest" defined.
NRS 86.071 - "Manager" defined.
NRS 86.081 - "Member" defined.
NRS 86.091 - "Member’s interest" defined.
NRS 86.095 - "Noneconomic member" defined.
NRS 86.101 - "Operating agreement" defined.
NRS 86.105 - "Personal representative" defined.
NRS 86.111 - "Real property" defined.
NRS 86.118 - "Registered agent" defined.
NRS 86.121 - "Registered office" defined.
NRS 86.1252 - "Restricted limited-liability company" defined.
NRS 86.1255 - "Series" and "series of members" defined.
NRS 86.131 - Applicability of chapter to foreign and interstate commerce.
NRS 86.151 - Filing requirements.
NRS 86.155 - Perpetual existence of company.
NRS 86.161 - Articles of organization: Required and optional provisions.
NRS 86.176 - Name of company: Reservation; injunctive relief.
NRS 86.201 - Commencement of organizational existence.
NRS 86.211 - Articles of organization: Notice imparted by filing.
NRS 86.216 - Amendment of articles of organization before issuance of member’s interest.
NRS 86.221 - Amendment and restatement of articles of organization.
NRS 86.226 - Filing and effectiveness of certificate of amendment or judicial decree of amendment.
NRS 86.231 - Registered agent required; address of registered office.
NRS 86.236 - Registered agent of series; service of process, notice or demand upon series.
NRS 86.261 - Service of process, notice or demand upon registered agent.
NRS 86.263 - Filing requirements; fees; notice; regulations.
NRS 86.264 - Additional filing requirements for certain companies: Criteria; statement; fees.
NRS 86.266 - Certificate of authorization to transact business.
NRS 86.269 - Addresses of managers and members required; failure to file.
NRS 86.272 - Defaulting companies: Identification; reinstatement; penalty.
NRS 86.274 - Defaulting companies: Duties of Secretary of State; forfeiture; distribution of assets.
NRS 86.276 - Defaulting companies: Conditions and procedure for reinstatement.
NRS 86.278 - Defaulting companies: Reinstatement under old or new name; regulations.
NRS 86.279 - "Distribution" defined.
NRS 86.286 - Operating agreement.
NRS 86.293 - Noneconomic members.
NRS 86.296 - Classes of members or managers; series of members.
NRS 86.298 - Duties of manager or managing member.
NRS 86.301 - Limitation on authority to contract debt or incur liability.
NRS 86.311 - Acquisition, ownership and disposition of property by company and series.
NRS 86.321 - Contributions to capital: Form.
NRS 86.341 - Distributions: Generally.
NRS 86.345 - Distributions: Limitations applicable to restricted limited-liability companies.
NRS 86.346 - Distributions: Form; status of member or transferee.
NRS 86.351 - Nature and transfer of member’s interest; rights of transferee; substituted members.
NRS 86.361 - Liability of persons assuming to act as company without authority.
NRS 86.371 - Liability of member or manager for debts or liabilities of company.
NRS 86.381 - Member of company is not proper party in proceeding by or against company; exception.
NRS 86.391 - Liability of member to company.
NRS 86.401 - Rights and remedies of creditor of member.
NRS 86.421 - Indemnification of manager, member, employee or agent: Proceeding by company.
NRS 86.431 - Indemnification of manager, member, employee or agent: Scope; authorization.
NRS 86.441 - Indemnification of member or manager: Advancement of expenses.
NRS 86.481 - Exclusion of company which provides self-insurance from title 57 of NRS.
NRS 86.483 - Authority of member to bring action.
NRS 86.485 - Qualifications of plaintiff.
NRS 86.490 - Dissolution before commencement of business; limitations.
NRS 86.495 - Dissolution by decree of court; termination of series by decree of court.
NRS 86.521 - Distribution of assets after dissolution.
NRS 86.531 - Articles of dissolution: Required provisions and signatories.
NRS 86.5412 - Appointment of receiver or trustee of insolvent company: Powers.
NRS 86.5413 - Property and privileges of insolvent company vest in appointed receiver.
NRS 86.5416 - Reorganization of company by majority in interest of members during receivership.
NRS 86.5417 - Powers of district court.
NRS 86.5418 - Receiver to take possession of company assets upon court order.
NRS 86.5419 - Inventory, lists of debts and reports by receiver.
NRS 86.542 - Creditors’ proofs of claims; when participation barred; notice.
NRS 86.5421 - Creditors’ claims to be in writing under oath; examination of claimants.
NRS 86.5422 - Action on creditors’ claims; appeal of disallowed claims.
NRS 86.5423 - Substitution of receiver as party; abatement of actions.
NRS 86.5424 - Sales of encumbered or deteriorating property.
NRS 86.5425 - Compensation, costs and expenses of receiver.
NRS 86.5426 - Distribution of money to creditors and members.
NRS 86.5427 - Acts of majority of receivers effectual; removal and vacancies.
NRS 86.5428 - Employees’ liens for wages when company insolvent.
NRS 86.543 - Law governing organization, internal affairs and liability of managers and members.
NRS 86.545 - Issuance of certificate of registration by Secretary of State.
NRS 86.546 - Name for registration.
NRS 86.5462 - Additional filing requirements for certain companies: Criteria; statement; fees.
NRS 86.5463 - Certificate of authorization to transact business.
NRS 86.5464 - Addresses of managers or managing members required; failure to file.
NRS 86.5466 - Defaulting companies: Duties of Secretary of State.
NRS 86.5467 - Defaulting companies: Conditions and procedure for reinstatement.
NRS 86.5468 - Defaulting companies: Reinstatement or revival under old or new name; regulations.
NRS 86.5469 - Cancellation of registration without additional fees and penalties; regulations.
NRS 86.547 - Cancellation of registration.
NRS 86.548 - Penalty for transacting business without registration; enforcement; regulations.
NRS 86.5483 - Activities not constituting transaction of business.
NRS 86.5487 - Determination of whether solicitation is made or accepted.
NRS 86.549 - Action by Attorney General to restrain transaction of business.
NRS 86.557 - Form required for filing of records.
NRS 86.566 - Filing of records written in language other than English.
NRS 86.571 - Waiver of notice.
NRS 86.580 - Renewal or revival of charter: Procedure; fee; certificate as evidence.
NRS 86.590 - Renewal or revival of charter: Status of company.