N.D. Cent. Code § 45-10.2-90

Current through 2024 Legislative Session

Section 45-10.2-90 - (1002) Derivative action

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 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.

N.D.C.C. § 45-10.2-90