Nev. Rev. Stat. § 86.483

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 86.483 - Authority of member to bring action

A member, including a noneconomic member unless otherwise prohibited by the terms of the articles of organization or operating agreement, may bring an action in the right of a limited-liability company to recover a judgment in its favor if managers or members with authority to do so have refused to bring the action or if an effort to cause those managers or members to bring the action is not likely to succeed.

NRS 86.483

Added to NRS by 2001, 1385; A 2001, 3199; 2003, 3141; 2007, 2425
Added to NRS by 2001, 1385; A 2001, 3199; 2003, 3141; 2007, 2425