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New Jersey Statutes, Title: 42, PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS
Chapter 2a:
Section: 42:2a-62: Right of action
Right of action. A limited partner may bring an action in the right of a limited partnership to recover a judgment in its favor against one or more general partners, former general partners, limited partners, or third parties, 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.
L. 1983, c. 489, s. 61; amended 1988,c.130,s.31.
This section added to the Rutgers Database: 2012-09-26 13:37:53.
Older versions of 42:2a-62 (if available):
Court decisions that cite this statute:
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