Wis. Stat. § 179.0902

Current through Acts 2023-2024, ch. 272

Section 179.0902 - Derivative action

A partner may maintain a derivative action to enforce a right of a limited partnership if any of the following applies:

(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.

(2) A demand under sub. (1) would be futile.

Wis. Stat. § 179.0902

Amended by Acts 2021 ch, 258,s 143, eff. 4/17/2022.