TITLE XXVIII
PARTNERSHIPS

CHAPTER 304-B
UNIFORM LIMITED PARTNERSHIP ACT

Derivative Actions

Section 304-B:57

    304-B:57 Proper Plaintiff. – In a derivative action, the plaintiff must be a partner at the time of bringing the action and (a) must have been a partner at the time of the transaction of which he complains or (b) his status as a partner must have devolved upon him by operation of law or pursuant to the terms of the partnership agreement from a person who was a partner at the time of the transaction.

Source. 1987, 349:1, eff. Jan. 1, 1988.