Except to the extent provided by the partnership agreement, in a derivative action, the plaintiff must be a partner at the time of bringing the action and:
(1) Must have been a partner at the time of the transaction of which he complains; or
(2) His status as a partner must have devolved upon him by operation of law or pursuant to the terms of the partnership agreement from a person who was a partner at the time of the transaction.
Section: 14-9-1001 14-9-1002 14-9-1003 14-9-1004 NextLast modified: October 14, 2016