South Dakota Statutes

§ 48-7-1001 — Right of action.

South Dakota § 48-7-1001
JurisdictionSouth Dakota
Title 48PARTNERSHIPS
Ch. 48-7UNIFORM LIMITED PARTNERSHIP ACT

This text of South Dakota § 48-7-1001 (Right of action.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 48-7-1001 (2026).

Text

A limited partner may bring an action 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

SL 1986, ch 391, § 1001.

Nearby Sections

15
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Bluebook (online)
South Dakota § 48-7-1001, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/48-7-1001.