State Codes and Statutes
Statutes > Alabama > Title10 > Chapter9C > 10-9C-1002Section 10-9C-1002
(Effective January 1, 2010) 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.
(Act 2009-621, §1.)