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November 21, 2024 Mist | 46°F
The 193rd General Court of the Commonwealth of Massachusetts

Section 56: Right of action by limited partner

Section 56. 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.