Derivative action.

  1. Law
  2. Florida Statutes
  3. Business Organizations
  4. Partnership Laws
  5. Florida Revised Uniform Limited Partnership Act of 2005 (Ss. 620.1101-620.2205)
  6. Derivative action.

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(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.

History.—s. 17, ch. 2005-267.


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