- Alaska Statutes.
- Title 32. Partnership
- Chapter 6. Uniform Partnership Act
- Section 405. Actions By Partnership and Partners.
previous: Section 404
. General Standards of Partner's Conduct.
next: Section 406
. Continuation of Partnership Beyond Definite Term or Particular Undertaking.
AS 32.06.405. Actions By Partnership and Partners.
- (a) 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.
- (b) A partner may maintain an action against the partnership or another partner for legal or equitable relief, with or
without an accounting of partnership business, to enforce
- (1) the partner's rights under the partnership agreement;
- (2) the partner's rights under this chapter, including the partner's
- (A) rights under AS 32.06.401
, 32.06.403, or 32.06.404;
- (B) right on dissociation to have the partner's interest in the partnership purchased under AS 32.06.701
or to enforce any other right under AS 32.06.601
- 32.06.603 or 32.06.701 - 32.06.705; or
- (C) right to compel a dissolution and winding up of the partnership business under AS 32.06.801
or to enforce another right under AS 32.06.801 - 32.06.807; or
- (3) the rights and otherwise protect the interests of the partner, including rights and interests arising independently of
the partnership relationship.
- (c) The accrual of, and any time limitation on, a right of action for a remedy under this section are governed by other
law. A right to an accounting upon a dissolution and winding up does not revive a claim barred by law.
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