GroundRules
54-2A-1002: Derivative action.
Where this section sits in the code
- Chapter 54 - Partnerships
- ARTICLE 2A Uniform Revised Limited Partnership Act
A partner may maintain a derivative action to enforce a right of a limited partnership if:
A. 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
B. a demand would be futile.
Collected 2026-09-03T15:02:20Z. Source file · JSON