Idaho Code § 30-24-902

Current through the 2024 Regular Session

Section 30-24-902 - 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 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) of this section would be futile.

Idaho Code § 30-24-902

[30-24-902, added 2015, ch. 243, sec. 41, p. 869.]

Added by 2015 Session Laws, ch. 243,sec. 41, eff. 7/1/2015.