Alaska § 32.11.490 - Derivative action authorized.
Full text of Alaska Alaska Statutes § 32.11.490 — Derivative action authorized., with citation guidance and answers to common questions.
§ 32.11.490. Derivative action authorized.
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.
Frequently Asked Questions About Alaska § 32.11.490
What does Alaska Statutes § 32.11.490 cover?
Section 32.11.490 ("Derivative action authorized.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 32.11.490?
A common citation format is "Alaska Statutes § 32.11.490" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 32.11.490 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.