25.10.701  <<  25.10.706 >>   25.10.711

PDFRCW 25.10.706

Derivative action.

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.
[ 2009 c 188 s 1002.]