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Code · Utah · Title 16 — Corporations · Chapter 19

16-19-903. Proper plaintiff.

97 words·~1 min read·/ut/title-16/chapter-19/16-19-903

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

Effective 10/1/2026
16-19-903. Proper plaintiff.
A derivative action to enforce a right of a limited partnership may be maintained only by a person that is a partner at the time the action is commenced and:
(1)which was a partner when the conduct giving rise to the action occurred; or
(2)whose status as a partner devolved on the person by operation of law or in accordance with the terms of the partnership agreement from a person that was a partner at the time of the conduct.
Renumbered and Amended by Chapter 93 , 2026 General Session
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