{"data":{"id":"us-ia/iowa-code-488.1003","jurisdiction":"us-ia","citation":"Iowa Code § 488.1003","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 where one of the following also applies:\n1. The person was a partner when the conduct giving rise to the action occurred.\n2. The person’s 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":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 488 - UNIFORM LIMITED PARTNERSHIP ACT","Article 10 - ACTIONS BY PARTNERS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/488.1003.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"38b05e62a2be0e5efd34693695623b7d7c968c568e786bba8e19c2ea8a37fefb","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-488.1002","next":"us-ia/iowa-code-488.1004"},"notice":"GroundRules: Original legal text. Not legal advice."}