Oregon Statutes - Chapter 70 - Limited Partnerships - Section 70.405 - Status of plaintiff.

In a derivative action, the plaintiff must be a partner when the plaintiff brings the action and:

(1) The plaintiff must have been a partner at the time of the transaction of which the plaintiff complains; or

(2) The plaintiff’s status as a partner must have devolved upon the plaintiff from a person who was a partner at the time of the transaction. [1985 c.677 §58]

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Last modified: August 7, 2008