{"data":{"id":"us-ky/krs-362.2-933","jurisdiction":"us-ky","citation":"KRS 362.2-933","heading":"Proper plaintiff.","body":"(1) A derivative action may be maintained only by a person that is a partner at the\ntime the action is commenced  and:\n(a) That was a partner when the conduct giving rise to action occurred; or\n(b) Whose  status as a partner devolved upon the person by operation of law\nor pursuant to the terms of the partnership agreement from a person that\nwas a partner at the time of that conduct.\n(2) The derivative proceeding shall not be maintained if:\n(a) It appears that the person commencing  the proceeding does not fairly\nand  adequately represent the interests of the partners in enforcing the\nrights of the limited partnership; or\n(b) The  person commencing  the proceeding ceases to be a partner in the\nlimited partnership.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=47090","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:59Z","sha256":"d99f6fe0075c9cf1632d7a2c2c47eb21ffe1c1ec4d59a2dc00e0d7f59b5cdee9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.2-932","next":"us-ky/krs-362.2-934"},"notice":"GroundRules: Original legal text. Not legal advice."}