GroundRules
Minn. Stat. § 321.1002: DERIVATIVE ACTION.
Where this section sits in the code
- BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
- CHAPTER 321. UNIFORM LIMITED PARTNERSHIP ACT 2001
- ARTICLE 10 ACTIONS BY PARTNERS
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 2026-09-02T22:10:42Z. Source file · JSON