Illinois · Through at least Public Act 104-790

805 ILCS 215/1002: Derivative action.

Where this section sits in the code

CHAPTER 805 BUSINESS ORGANIZATIONS
Uniform Limited Partnership Act (2001).

A partner may maintain a derivative action to enforce a right of a limited partnership if:

(1) the partner first makes a demand on the general partners, requesting that they cause the limited partnership to bring an action to enforce the right, and the general partners do not bring the action within a reasonable time; or

(2) a demand would be futile.

Collected 2026-09-15T04:46:47Z. Source file · JSON

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