- Alaska Statutes.
- Title 32. Partnership
- Chapter 11. Uniform Limited Partnership Act
- Section 500. Proper Plaintiff.
previous: Section 490
. Derivative Action Authorized.
next: Section 510
AS 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.
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