79-14-1001 - Right of action.
§ 79-14-1001. Right of action.
A limited partner may maintain an action in the right of a limited partnership to recover a judgment or obtain other relief in its favor if general partners with authority to do so have refused to bring the action or an effort to cause those general partners to bring the action is not likely to succeed.
Sources: Laws, 1987, ch. 488, § 1001, eff from and after January 1, 1988.