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Oregon Statutes 70.400 - Action by limited partner upon refusal of general partner

Oregon Statutes > Volume 2 > Title 7 > Chapter 70 > Derivative Actions > § 70.400 - Action by limited partner upon refusal of general partner


Current as of: 2009

A limited partner may bring an action in the right of a limited partnership to recover a judgment in its favor if general partners with authority to do so have refused to bring the action or if an effort to cause those general partners to bring the action is not likely to succeed. [1985 c.677 ยง57]

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