35-12-1401. Right of action.
35-12-1401. Right of action. A limited partner may bring a derivative action in the right of a limited partnership to recover a judgment in its favor if the general partners having 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.
History: En. Sec. 59, Ch. 522, L. 1981.