In a derivative action, the plaintiff must be a partner at the time of bringing the action and:
1. At the time of the transaction of which the plaintiff complains; or
2. The plaintiff’s status as a partner had devolved upon him or her by operation of law or pursuant to the terms of the partnership agreement from a person who was a partner at the time of the transaction.
(Added to NRS by 1985, 1293)
Structure Nevada Revised Statutes
Chapter 88 - Uniform Limited Partnership Act
NRS 88.325 - Name of partnership: Reservation; transfer of right to exclusive use of reserved name.
NRS 88.327 - Name of partnership: Reinstatement or revival under old or new name; regulations.
NRS 88.336 - Form required for filing of records.
NRS 88.338 - Filing of records written in language other than English.
NRS 88.340 - Partnership records: Microfilming; imaging; return.
NRS 88.345 - Right of partner to transact other business with partnership.
NRS 88.355 - Amendment and restatement of certificate of limited partnership.
NRS 88.360 - Cancellation of certificate of limited partnership.
NRS 88.365 - Authority of district court to order signing of certificate.
NRS 88.370 - Notice imparted by filing certificate of limited partnership.
NRS 88.375 - Manner in which certificates must be signed.
NRS 88.380 - Filing and effectiveness of certificates or judicial decrees.
NRS 88.385 - Liability for false statements in certificates.
NRS 88.390 - Delivery of certificates to limited partners.
NRS 88.395 - Annual list: Filing requirements; fees; notice; regulations.
NRS 88.397 - Additional filing requirements for certain partnerships: Criteria; statement; fees.
NRS 88.410 - Defaulting partnerships: Conditions and procedure for reinstatement.
NRS 88.420 - When person becomes limited partner; admission of additional limited partners.
NRS 88.430 - Liability to other persons; exceptions.
NRS 88.435 - Liability of person erroneously believing self to be limited partner.
NRS 88.440 - Right of limited partner to records and information of partnership.
NRS 88.445 - Admission of additional general partners.
NRS 88.450 - Events of withdrawal.
NRS 88.455 - Rights, powers and liabilities.
NRS 88.460 - Contributions to partnership by general partner.
NRS 88.470 - Form of partner’s contribution.
NRS 88.475 - Liability of partner for contributions to partnership.
NRS 88.480 - Sharing of profits and losses among partners.
NRS 88.485 - Distribution of assets among partners.
NRS 88.495 - Withdrawal of general partner.
NRS 88.500 - Withdrawal of limited partner.
NRS 88.505 - Distribution upon withdrawal.
NRS 88.510 - Distribution in kind.
NRS 88.515 - Rights upon distribution.
NRS 88.520 - Limitations on distribution.
NRS 88.522 - Limitations on distributions applicable to restricted limited partnerships.
NRS 88.525 - Liability upon return of contribution.
NRS 88.528 - Nature of interest in partnership.
NRS 88.535 - Rights and remedies of creditor of partner.
NRS 88.540 - Right of assignee to become limited partner; liability.
NRS 88.545 - Rights of estate of deceased or incapacitated partner.
NRS 88.550 - Events causing dissolution.
NRS 88.555 - Dissolution by decree of district court.
NRS 88.565 - Distribution of assets.
NRS 88.570 - Law governing organization, internal affairs and liability of limited partners.
NRS 88.580 - Issuance of certificate of registration by Secretary of State.
NRS 88.585 - Registration of name.
NRS 88.590 - Amendments to application for registration.
NRS 88.5915 - Additional filing requirements for certain partnerships: Criteria; statement; fees.
NRS 88.592 - Certificate of authorization to transact business.
NRS 88.5925 - Addresses of general partners required; failure to file.
NRS 88.5935 - Defaulting partnerships: Duties of Secretary of State.
NRS 88.594 - Defaulting partnerships: Conditions and procedure for reinstatement.
NRS 88.5945 - Defaulting partnerships: Reinstatement or revival under old or new name; regulations.
NRS 88.595 - Cancellation of registration.
NRS 88.600 - Penalty for transacting business without registration; enforcement; regulations.
NRS 88.602 - Activities not constituting transaction of business.
NRS 88.603 - Determination of whether solicitation is made or accepted.
NRS 88.605 - Action by Attorney General to restrain transaction of business.
NRS 88.607 - Termination of registration.
NRS 88.608 - Liability of partner for debt or liability of partnership.
NRS 88.6085 - Liability of persons acting on behalf of partnership without authority.
NRS 88.609 - Name of foreign partnership.
NRS 88.610 - Authority of limited partner to bring action.
NRS 88.615 - Qualifications of plaintiff.
NRS 88.630 - Legislative intent.
NRS 88.635 - Applicability of NRS 87.010 to 87.430, inclusive.
NRS 88.640 - Provisions for existing partnerships.
NRS 88.650 - Operation of domestic partnership in another jurisdiction.