Code of Virginia - Title 50 Partnerships - Section 50-73.63 Proper plaintiff

§ 50-73.63. Proper plaintiff

In a derivative action, the plaintiff shall be a partner at the time of bringing the action and (i) shall have been a partner at the time of the transaction of which he complains or (ii) his status as a partner shall 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.

(1985, c. 607; 1987, c. 702.)

Sections:  Previous  50-73.58:1  50-73.58:2  50-73.58:3  50-73.59  50-73.60  50-73.61  50-73.62  50-73.63  50-73.64  50-73.65  50-73.66  50-73.67  50-73.68  50-73.69  50-73.70  Next

Last modified: April 3, 2009