Miss. Code § 79-14-902

Current through the 2024 Regular Session

Section 79-14-902 - 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 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 paragraph (1) would be futile.

Miss. Code § 79-14-902

Added by Laws, 2015, ch. 453, SB 2310, 1, eff. 7/1/2015.