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Section 79-14-902 - Derivative action — Mississippi Law | CourtGPT
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  7. Section 79-14-902 - Derivative action
Mississippi Legal Code

Section 79-14-902 - Derivative action

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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 paragraph (1) would be futile.Added by Laws, 2015, ch. 453, SB 2310, 1, eff. 7/1/2015.