{"data":{"id":"us-ar/ark.-code-ann.-4-47-1002","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-47-1002","heading":"Derivative action","body":"A partner may maintain a derivative action to enforce a right of a limited partnership if:\n\n(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\n\n(2) a demand would be futile.","path":["AR Code","Title 4","Chapter 47","Subchapter 10"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"5fd2c4db3c8f38e3d32274ad61e674c869190bf38f29e27d70790700271b5e9b","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-47-1001","next":"us-ar/ark.-code-ann.-4-47-1003"},"notice":"GroundRules: Original legal text. Not legal advice."}