79-14-1002 - Proper plaintiff. - Mississippi Statutes

§ 79-14-1002. Proper plaintiff.
 

In a derivative action the plaintiff must be a partner at the time of bringing the action and (i) must have been a partner at the time of the transaction of which he complains, or (ii) 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. 
 

Sources: Laws,  1987, ch. 488, § 1002, eff from and after January 1, 1988.