Sec. 32.11.500. Proper plaintiff.
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/ak/title-32/chapter-11/32-11-500A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 32.11.500. Proper plaintiff.
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 the plaintiff complains; or
(2)the plaintiff's status as a partner must have devolved upon the plaintiff by operation of law or under the terms of the partnership agreement from a person who was a partner at the time of the transaction.