02. Derivative action. A partner may maintain a derivative action in the Superior Court 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. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.) Editor's Notes Uniform Law: This section is based on § 1002 of the Uniform Limited Partnership Act (2001 Act).
District of Columbia Legal Code