§ 29-709.02Title 29
Derivative action.
A partner may maintain a derivative action in the Superior Court to enforce a right of a limited partnership if: 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 A demand would be futile.
Annotations
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720 Uniform Law: This section is based on § 1002 of the Uniform Limited Partnership Act (2001 Act).
Sourced from the DC Council Open Law Library (public domain).
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