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321.1001 DIRECT ACTION BY PARTNER.
(a) Subject to subsection (b), a partner may maintain a direct action against the limited
partnership or another partner for legal or equitable relief, with or without an accounting as
to the partnership's activities, to enforce the rights and otherwise protect the interests of the
partner, including rights and interests under the partnership agreement of this chapter or arising
independently of the partnership relationship.
(b) A partner commencing a direct action under this section is required to plead and prove an
actual or threatened injury that is not solely the result of an injury suffered or threatened to be
suffered by the limited partnership.
(c) The accrual of, and any time limitation on, a right of action for a remedy under this
section is governed by other law. A right to an accounting upon a dissolution and winding up does
not revive a claim barred by law.
History: 2004 c 199 art 10 s 82

Official Publication of the State of Minnesota
Revisor of Statutes