Nevada Revised Statutes Section 88.615 - Business Associations - Securities - Commodities

Qualifications of plaintiff. 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 he complains; or

2. His status as a partner had devolved upon him 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.

Last modified: February 26, 2006