Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
321.1002 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.
History: 2004 c 199 art 10 s 83
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.
History: 2004 c 199 art 10 s 83
Official Publication of the State of Minnesota
Revisor of Statutes