35-12-1401. Derivative action.
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/mt/title-35/chapter-12/part-14/35-12-1401·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
35-12-1401 . 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.