Delaware Statutes

§ 17-1001 — Right to bring action

Delaware·Title 6·Ch. 17 LIMITED PARTNERSHIPS·Subch. Derivative Actions
A limited partner or an assignee of a partnership interest may bring an action in the Court of Chancery in the right of a limited partnership to recover a judgment in its favor if general partners with authority to do so have refused to bring the action or if an effort to cause those general partners to bring the action is not likely to succeed.

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Legislative History

6 Del. C. 1953, § 1732; 59 Del. Laws, c. 105, § 1 ; 63 Del. Laws, c. 420, § 1 ; 65 Del. Laws, c. 188, § 1 ; 71 Del. Laws, c. 340, § 17

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