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§ 500-1003A. Proper plaintiff

Oklahoma Statutes AnnotatedTitle 54. Partnership

Oklahoma Statutes Annotated
Title 54. Partnership
Chapter 9. Uniform Limited Partnership Act of 2010 (Refs & Annos)
Article 10. Actions by Partners
54 Okl.St.Ann. § 500-1003A
§ 500-1003A. Proper plaintiff
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.

Credits

Laws 2010, c. 384, § 85, eff. Jan. 1, 2011.
54 Okl. St. Ann. § 500-1003A, OK ST T. 54 § 500-1003A
Current with emergency effective legislation through Chapter 329 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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