61-2-1002 - Proper plaintiff. - Tennessee Statutes

61-2-1002. Proper plaintiff.

In a derivative action the plaintiff must be a partner at the time of bringing the action and:

     (1)  At the time of the transaction of which he complains; or

     (2)  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.

[Acts 1988, ch. 922, § 1.]