Qualifications of plaintiff
Known as the Uniform Limited Partnership Act
The act spans §§ 88–88 (109 sections).
Applied in 1 court decision — leading case 460 F. Supp. 2d 1222 - G.K. Las Vegas Ltd. Partnership v. Simon Property Group, Inc. (2006)
Most recently applied in 460 F. Supp. 2d 1222 - G.K. Las Vegas Ltd. Partnership v. Simon Property Group, Inc. (September 2006)
(Added to NRS by 1985, 1293)
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.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.