16-19-902. Derivative action.
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/ut/title-16/chapter-19/16-19-902A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 10/1/2026
16-19-902. 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 under Subsection
(1)would be futile.
Renumbered and Amended by Chapter 93 , 2026 General Session