GroundRules
35-12-1402: Proper plaintiff.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 12. LIMITED PARTNERSHIPS
- Part 14. Derivative Actions
A derivative action may be maintained only by a person that is a partner at the time the action is commenced and:
(1) that was a partner when the conduct giving rise to the action occurred; or
(2) whose status as a partner devolved by operation of law or pursuant to the terms of the partnership agreement from a person that was a partner at the time of the conduct.
Collected 2026-09-14T04:53:24Z. Source file · JSON