Idaho Statutes

§ 30-24-902 — DERIVATIVE ACTION

Idaho·Title 30 CORPORATIONS·Part 9 ACTIONS BY PARTNERS·Ch. 24 LIMITED PARTNERSHIPS

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 subsection (1) of this section would be futile.

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Legislative History

[30-24-902, added 2015, ch. 243, sec. 41, p. 869.]

Nearby Sections

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