Section 56: Right of action by limited partner
55 words·~1 min read·
/ma/part-i/title-xv/chapter-109/56A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 56. A limited partner may bring an action in the right of a limited partnership to recover a judgment in its favor if general partners with authority to do so have refused to bring the action or if an effort to cause those general partners to bring the action is not likely to succeed.