Ca_Law

statute | California

Corporations Code - CORP - CORP § 15910.02

  • UIDca_leginfo_codes:corp-15910-02
  • CitationCorporations Code - CORP - CORP § 15910.02
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

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

Text

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.

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 15910.02

    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; …