There is a newer version of the Idaho Code and Statutes
2016 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 24 - LIMITED PARTNERSHIPS
Part 9 - ACTIONS BY PARTNERS
Section 30-24-902 - DERIVATIVE ACTION.
ID Code § 30-24-902 (2016) What's This?
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.
History:
[30-24-902, added 2015, ch. 243, sec. 41, p. 869.]
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