Alaska Statutes (Last Updated: January 11, 2017) |
Title 32. PARTNERSHIP. |
Chapter 32.11. UNIFORM LIMITED PARTNERSHIP ACT. |
Article 32.11.09. DERIVATIVE ACTIONS. |
Section 32.11.500. Proper plaintiff.
Latest version.
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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.
Notes
History
(Sec. 1 ch 128 SLA 1992)