Utah Statutes
§ 48-2e-1002 — Derivative action.
Utah § 48-2e-1002
JurisdictionUtah
Title 48Unincorporated Business Entity Act
Ch. 48-2eUtah Uniform Limited Partnership Act
Part 48-2e-10Actions by Partners
This text of Utah § 48-2e-1002 (Derivative action.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Utah Code Ann. § 48-2e-1002 (2026).
Text
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 under Subsection (1) would be futile.
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Legislative History
Enacted by Chapter 412, 2013 General Session
Nearby Sections
15
§ 48-1c-101
Title.§ 48-1d-1001
Definitions.§ 48-1d-1002
Relationship of part to other laws.§ 48-1d-1003
Required notice or approval.§ 48-1d-1004
Status of filings.§ 48-1d-1005
Nonexclusivity.§ 48-1d-1006
Reference to external facts.§ 48-1d-1007
Alternative means of approval of transactions.§ 48-1d-1008
Appraisal rights.§ 48-1d-101
Title.§ 48-1d-102
Definitions.§ 48-1d-1021
Merger authorized.§ 48-1d-1022
Plan of merger.§ 48-1d-1023
Approval of merger.§ 48-1d-1024
Amendment or abandonment of plan of merger.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 48-2e-1002, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/48-2e-1002.