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2017 Code of Alabama
Title 10A - ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE.
Chapter 9A - ALABAMA LIMITED PARTNERSHIP LAW.
Article 9 - Actions by Partners.
Section 10A-9A-9.04 - Demand.
Universal Citation: AL Code § 10A-9A-9.04 (2017)
Section 10A-9A-9.04Demand.
A partner may commence a derivative action in the right of the limited partnership, if:
(a) the partner first makes a written demand upon 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
(b) a demand under subsection (a) would be futile.
(Act 2016-379, §1.)
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