Tennessee § 61-3-902 - Derivative action.
Full text of Tennessee Tennessee Code Annotated § 61-3-902 — Derivative action., with citation guidance and answers to common questions.
§ 61-3-902. Derivative action.
A partner may maintain a derivative action to enforce a right of a limited partnership if: The partner first makes a demand on the general partners, requesting that the general partners 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 A demand under subdivision (1) would be futile. Acts 2017, ch. 440, § 1.
Frequently Asked Questions About Tennessee § 61-3-902
What does Tennessee Code Annotated § 61-3-902 cover?
Section 61-3-902 ("Derivative action.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. 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 Tennessee § 61-3-902?
A common citation format is "Tennessee Code Annotated § 61-3-902" (Tennessee). 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 Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 61-3-902 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee 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 Tennessee.