Section 321.1003 — Proper Plaintiff.

MN Stat § 321.1003 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

A derivative action may be maintained only by a person that is a partner at the time the action is commenced and:

(1) that was a partner when the conduct giving rise to the action occurred; or

(2) whose status as a partner devolved upon the person by operation of law or pursuant to the terms of the partnership agreement from a person that was a partner at the time of the conduct.

History: 2004 c 199 art 10 s 84