Arkansas Code Title 4, Subtitle 4, Chapter 47, Subchapter 10 - Actions by Partners

• § 4-47-1001 - Direct Action by Partner.
  (a) Subject to subsection (b), a partner may maintain a direct action against the limited partnership or another partner for legal or equitable relief,...
• § 4-47-1002 - Derivative Action.
  A partner may maintain a derivative action to enforce a right of a limited partnership if: (1) the partner first makes a demand on...
• § 4-47-1003 - Proper Plaintiff.
  A derivative action may be maintained only by a person that is a partner at the time the action is commenced and: (1) that...
• § 4-47-1004 - Pleading.
  In a derivative action, the complaint must state with particularity: (1) the date and content of plaintiff's demand and the general partners' response to...
• § 4-47-1005 - Proceeds and Expenses.
  (a) Except as otherwise provided in subsection (b): (1) any proceeds or other benefits of a derivative action, whether by judgment, compromise, or settlement,...

Last modified: November 15, 2016