{"data":{"id":"us-ar/ark.-code-ann.-4-47-1003","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-47-1003","heading":"Proper plaintiff","body":"A derivative action may be maintained only by a person that is a partner at the time the action is commenced and:\n\n(1) that was a partner when the conduct giving rise to the action occurred; or\n\n(2) whose status as a partner devolved upon the person 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.","path":["AR Code","Title 4","Chapter 47","Subchapter 10"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"d8d6c4404b4adac2e1dc7f7cf59c0ce9614ab931e2ec2fc36aa69e310e1efbd9","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-47-1002","next":"us-ar/ark.-code-ann.-4-47-1004"},"notice":"GroundRules: Original legal text. Not legal advice."}