Tennessee Code 61-3-902 – Derivative action
Current as of: 2024 | Check for updates
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A partner may maintain a derivative action to enforce a right of a limited partnership if:
Terms Used In Tennessee Code 61-3-902
- Partner: means a limited partner or general partner. See Tennessee Code 61-3-101
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.