Derivative action

Florida Statutes

Section: 620.2002

Jurisdiction: FL

Bluebook Citation: Fla. Stat. § 620.2002

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.

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