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Va. Code Ann. § 50-73.103

Actions by partnership and partners

Redline — March 1, 2022 → current.View current text →
Current — September 1, 2022
As of March 1, 2022
(1) A partnership may maintain an action against a partner for a breach of the partnership agreement, or for the violation of a duty to the partnership, causing harm to the partnership.
(1) A partnership may maintain an action against a partner for a breach of the partnership agreement, or for the violation of a duty to the partnership, causing harm to the partnership.
(2) A partner may maintain an action against the partnership or another partner for legal or equitable relief, with or without an accounting as to partnership business, to: Enforce that partner’s rights under the partnership agreement;
(2) A partner may maintain an action against the partnership or another partner for legal or equitable relief, with or without an accounting as to partnership business, to: Enforce that partner’s rights under the partnership agreement;
(3) Enforce that partner’s rights under this chapter, including: That partner’s rights under §§ 50-73.99, 50-73.101, or § 50-73.102;
(3) Enforce that partner’s rights under this chapter, including: That partner’s rights under §§ 50-73.99, 50-73.101, or § 50-73.102;
(4) That partner’s right on dissociation to have the partner’s interest in the partnership purchased pursuant to § 50-73.112 or enforce any other right under Article 6 or Article 7; or
(4) That partner’s right on dissociation to have the partner’s interest in the partnership purchased pursuant to § 50-73.112 or enforce any other right under Article 6 or Article 7; or
(5) That partner’s right to compel a dissolution and winding up of the partnership business under § 50-73.117 or enforce any other right under Article 8; or
(5) That partner’s right to compel a dissolution and winding up of the partnership business under § 50-73.117 or enforce any other right under Article 8; or
(6) Enforce the rights and otherwise protect the interests of that partner, including rights and interests arising independently of the partnership relationship.
(7) The accrual of, and any time limitation on, a right of action for a remedy under this section is governed by other law. A right to an accounting upon a dissolution and winding up does not revive a claim barred by law.
(6) The accrual of, and any time limitation on, a right of action for a remedy under this section is governed by other law. A right to an accounting upon a dissolution and winding up does not revive a claim barred by law.
3. Enforce the rights and otherwise protect the interests of that partner, including rights and interests arising independently of the partnership relationship.

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.