Oklahoma Statutes
§ 54-500-1002A — Derivative action.
Oklahoma § 54-500-1002A
JurisdictionOklahoma
Title 54Partnership
This text of Oklahoma § 54-500-1002A (Derivative action.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Okla. Stat. tit. 54, § 54-500-1002A (2026).
Text
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.
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Legislative History
Added by Laws 2010, c. 384, § 84, eff. Jan. 1, 2011.
Nearby Sections
15
§ 54-1
Repealed§ 54-1-100
Short title.§ 54-1-1002
Name.§ 54-1-101
Definitions.§ 54-1-102
Knowledge and Notice.§ 54-1-104
Supplemental Principles of Law.§ 54-1-106
Governing Law.§ 54-1-1102
Statement Of Foreign Qualification.§ 54-1-1103
Effect Of Failure To Qualify.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 54-500-1002A, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/54/54-500-1002A.