§ 29–709.02. Derivative action.

DC Code § 29–709.02 (2019) (N/A)
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A partner may maintain a derivative action in the Superior Court 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.

(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)

Uniform Law: This section is based on § 1002 of the Uniform Limited Partnership Act (2001 Act).