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Effective – 01 Jan 1987

359.581. 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.

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(L. 1985 H.B. 512 & 650)

Effective 1-01-87