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Code · California · Corporations Code

§ 15910.02

62 words·~1 min read·/ca/corporations-code/15910-02

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A partner may bring 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.
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