Statute · California Corporations Code

Cal. Corp. Code § 15910.02 — Actions by Partners

Cal. Corp. Code § 15910.02

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2007-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

A partner may bring a derivative action to enforce a right of a limited partnership if:

Citator

Cal. Corp. Code § 15910.02 — Actions by Partners is in force in the current edition of the Code, and nothing recorded condemns it.

A partner may bring 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.