[§425E-1003] Proper plaintiff. 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 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. [L 2003, c 210, pt of §1]
Section: Previous 425e-904 425e-905 425e-906 425e-907 425e-908 425e-1001 425e-1002 425e-1003 425e-1004 425e-1005 425e-1101 425e-1102 425e-1103 425e-1104 425e-1105 NextLast modified: October 27, 2016