{"data":{"id":"us-tx/tex.-business-organizations-code-153.409","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 153.409","heading":"ALLEGATIONS AFTER DEMAND REJECTED.","body":"If a derivative proceeding is instituted after a demand is rejected, the petition must allege with particularity facts that establish that the rejection was not made in accordance with the requirements and standards under Sections 153.404 and 153.408.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 899 (H.B. 3603), Sec. 30, eff. September 1, 2019.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 4. PARTNERSHIPS","CHAPTER 153. LIMITED PARTNERSHIPS","SUBCHAPTER I. DERIVATIVE ACTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.153.htm#153.409","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"f0ca807778c8bc6f7d67ba9783354af99c32e33ad64cd84d9f720fef092cb108","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-153.408","next":"us-tx/tex.-business-organizations-code-153.410"},"notice":"GroundRules: Original legal text. Not legal advice."}