§ 35-10-409 — Remedies Of Partnership And Partners

35-10-409 . Remedies of partnership and partners. (1) A partnership may maintain an action against a partner for a breach of the partnership agreement or for the violation of a duty to the partnership that causes harm to the partnership.
(2) A partner may maintain an action against the partnership or another partner for legal or equitable relief, including an accounting as to partnership business, to enforce:
(a) a right under the partnership agreement;
(b) a right under this chapter, including the partner's:
(i) rights under 35-10-401 through 35-10-403 and 35-10-405 ;
(ii) right on dissociation to have the partner's interest in the partnership purchased pursuant to 35-10-619 or enforce any other right under 35-10-616 through 35-10-623 ; or
(iii) right to compel a dissolution and winding up of the partnership business under 35-10-624 or enforce any other right under 35-10-602 , 35-10-609 , and 35-10-624 through 35-10-629 ; or
(c) the rights and otherwise protect the interests of the partner, including rights and interests arising independent of the partnership relationship.
(3) The accrual of and any time limitation on a right of action for a remedy under this section is governed by other law. A right to an accounting upon a dissolution and winding up does not revive a claim barred by law.

Legislative History

En. Sec. 30, Ch. 238, L. 1993.