Status of Plaintiff in Derivative Action.

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Sec. 1002.

In a derivative action, the plaintiff must be a partner at the time of bringing the action and (1) at the time of the transaction of which the plaintiff complains or (2) his or her status as a partner had devolved upon him or her 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.

History: 1982, Act 213, Eff. Jan. 1, 1983


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