Section 14-9-1002. Requirements for plaintiff

Latest version.

   Except to the extent provided by the partnership agreement, 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 he complains; or

   (2) 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.

Code 1981, § 14-9-1002, enacted by Ga. L. 1988, p. 1016, § 1.

                    
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