Section 48-7-1002 - Proper plaintiff. - South Dakota Statutes

48-7-1002. Proper plaintiff. In a derivative action, the plaintiff must be a partner at the time of bringing the action and at the time of the transaction of which he complains or his status as a partner had 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: SL 1986, ch 391, § 1002.