Oregon Code § 70.400·Enacted ·Last updated March 01, 2026
Statute Text
Action
by limited partner upon refusal of general partner.
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. [1985 c.677 §57]
Plain English Explanation
This Oregon statute addresses Action
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 70.400
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Action
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 70.400. Use this format in legal documents and court filings.
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