In a derivative action, the plaintiff must be a partner at the time of bringing the action and either must have been a partner at the time of the transaction of which the partner complains or must have acquired the status of partner 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 of which the partner complains.
[82 Acts, ch 1103, § 1002]
C83, § 545.1002
C93, § 487.1002
97 Acts, ch 188, § 49
Previous Section 487.1001
Next Section 487.1003
© 2001 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Mon Jan 22 17:13:42 CST 2001
URL: /DOCS/IACODE/2001/487/1002.html
jhf