UTAH CODE (Last Updated: January 16, 2015) |
Title 48. Partnership |
Chapter 2a. Utah Revised Uniform Limited Partnership Act |
§ 48-2a-1002. Proper plaintiff.
Latest version.
- 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.
Amended by Chapter 189, 1991 General Session