Idaho Statutes Title 30. Corporations § 30-24-902. Derivative action
Current as of January 01, 2023 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
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.
Cite this article: FindLaw.com - Idaho Statutes Title 30. Corporations § 30-24-902. Derivative action - last updated January 01, 2023 | https://codes.findlaw.com/id/title-30-corporations/id-st-sect-30-24-902/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?