There is a newer version
of
this Section
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-9.07 - Discontinuance or settlement.
Universal Citation: AL Code § 10A-9A-9.07 (2017)
Section 10A-9A-9.07Discontinuance or settlement.
A derivative action may not be dismissed or compromised without the approval of the court, and notice of the proposed dismissal or compromise shall be given to partners of the limited partnership in such manner as the court directs.
(Act 2016-379, §1.)
Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
