Right of action

Ind. Code § 23-16-11-1
in effect
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Sec. 1. A limited partner may bring an action in the right of a limited partnership to recover a judgment in favor of the limited partnership if: (1) general partners with authority to bring such an action have refused to bring the action; or (2) an effort to cause those general partners to bring the action is not likely to succeed. As added by P.L.147-1988, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026

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