ORS 70.400: Action by limited partner upon refusal of general partner.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
A limited partner may bring an action in the right of a limited partnership to recover a judgment in its favor if general partners with authority to do so have refused to bring the action or if an effort to cause those general partners to bring the action is not likely to succeed. [1985 c.677 §57]
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors070.html