Utah Code § 16-19-902
Derivative action
Utah · Utah Code Title 16 — Business Entities · Status: effective
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- Citation
- Utah Code § 16-19-902, Derivative action, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2328580
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Full text
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 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 under Subsection (1) would be futile.