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Code · Oklahoma · Title 54 — Partnership

§54-500-1003A. Proper plaintiff.

87 words·~1 min read·/ok/title-54-partnership/54-500-1003a·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

PROPER PLAINTIFF.
A derivative action may be maintained only by a person that is a partner at the time the action is commenced and:
(1)that was a partner when the conduct giving rise to the action occurred; or
(2)whose status as a partner devolved upon the person by operation of law or pursuant to the terms of the partnership agreement from a person that was a partner at the time of the conduct.
Added by Laws 2010, c. 384, § 85, eff. Jan. 1, 2011.
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