Okla. Stat. tit. 54, § 54-500-1002A

Derivative action

Last amended: 2010Year: 2026Length: 64 wordsOfficial source
DERIVATIVE ACTION. 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 would be futile.
Okla. Stat. tit. 54, § 54-500-1002A: Derivative action | Justis AI