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Maine · Through October 1, 2025

31 M.R.S. §1422: Derivative action

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Where this section sits in the code
  1. TITLE 31: PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 19: UNIFORM LIMITED PARTNERSHIP ACT
  3. SUBCHAPTER 10: ACTIONS BY PARTNERS

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

1. Demand for limited partnership to enforce. 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. Demand futile. A demand would be futile.

Collected 2026-09-04T15:12:37Z. Source file · JSON

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