Okla. Stat. tit. 54, § 54-500-1002A
This is the official text of Okla. Stat. tit. 54, § 54-500-1002A, part of Oklahoma’s Stat. tit. 54, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 54,." Browse the sections below, each linked to its official government source.
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Derivative action
Official statutory text
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.
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.
Status: in_force · Read it on the official government site
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