Derivative action
31 M.R.S. §1422
in effect1422. Derivative action
A partner may maintain a derivative action to enforce a right of a limited partnership if:
1. Demand for limited partnership to enforce. 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. Demand futile. A demand would be futile.
PL 2005, c. 543, §C2 (NEW).
Source: Maine Legislature, Office of the Revisor of Statutes (legislature.maine.gov)URL: https://legislature.maine.gov/statutes/31/title31sec1422.htmlFetched: 10/20/2026