§ 7-13.1-901. Direct action by partner. [Effective January 1, 2023.]
(a) Subject to subsection (b) of this section, a partner may maintain a direct action against another partner or the limited partnership, with or without an accounting as to the partnership’s activities and affairs, to enforce the partner’s rights and otherwise protect the partner’s interests, including rights and interests under the partnership agreement or this chapter or arising independently of the partnership relationship.
(b) A partner maintaining a direct action under this section must plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the limited partnership.
(c) A right to an accounting on a dissolution and winding up does not revive a claim barred by law.
History of Section.P.L. 2022, ch. 121, § 2, effective January 1, 2023; P.L. 2022, ch. 122, § 2, effective January 1, 2023.
Structure Rhode Island General Laws
Title 7 - Corporations, Associations and Partnerships
Chapter 7-13.1 - Uniform Limited Partnership Act [Effective January 1, 2023.]
Part 9 - Actions by Partners [Effective January 1, 2023.]
Section 7-13.1-901. - Direct action by partner. [Effective January 1, 2023.]
Section 7-13.1-902. - Derivative action. [Effective January 1, 2023.]
Section 7-13.1-903. - Proper plaintiff. [Effective January 1, 2023.]
Section 7-13.1-904. - Pleading. [Effective January 1, 2023.]
Section 7-13.1-905. - Special litigation committee. [Effective January 1, 2023.]
Section 7-13.1-906. - Proceeds and expenses. [Effective January 1, 2023.]