Connecticut General Statutes

Conn. Gen. Stat. § 34-34a (2025)

Derivative actions, right of action by limited partner

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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.

(P.A. 79-440, S. 55.)

Notes of Decisions
Cited in 2 cases, 1986–1989 · leading case: Gilbert Switzer & Assocs. v. Nat'l Hous. P'ship, Ltd., 641 F. Supp. 150 (D. Conn. 1986).
Gilbert Switzer & Assocs. v. Nat'l Hous. P'ship, Ltd., 641 F. Supp. 150 (D. Conn. 1986). · cites it 4× “However, the only authority that the third-party defendants have cited in support of this proposition is C.G.S. § 34-34a, 1 which is applicable only to limited partnerships organized under the laws of Connecticut.”
Pappas v. Arfaras, 712 F. Supp. 307 (E.D.N.Y. 1989). · cites it 2× “1986) (quoting C.G.S. § 34-34a). Section 34-34a of the Connecticut Limited Partnership Act, which was adopted from § 1001 of the Uniform Limited Partnership Act (1976), however, provides that A limited partner may bring an action in the right of a limited partnership to recover…”
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