Derivative action

  1. Law
  2. Mississippi Code
  3. Corporations, Associations, and Partnerships
  4. Mississippi Uniform Limited Partnership Act
  5. Actions By Partners
  6. Derivative action

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A partner may maintain 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 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 under paragraph (1) would be futile.


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