Indiana Statutes

§ 23-16-11-2 — Proper plaintiff

Indiana § 23-16-11-2
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 16LIMITED PARTNERSHIPS
Ch. 11Derivative Actions

This text of Indiana § 23-16-11-2 (Proper plaintiff) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 23-16-11-2 (2026).

Text

In a derivative action under this chapter, the plaintiff must be a partner at the time of bringing the action, and:

(1)the plaintiff must have been a partner at the time of the transaction of which the plaintiff complains in the action; or
(2)the status of the plaintiff as a partner must have devolved upon the plaintiff, by operation of law or under the terms of the partnership agreement, from a person who was a partner at the time of the transaction.

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Legislative History

As added by P.L.147-1988, SEC.1.

Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 23-0.5-1.5-10
"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
§ 23-0.5-1.5-12
"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
§ 23-0.5-1.5-15
"Governing person"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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Bluebook (online)
Indiana § 23-16-11-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-16-11-2.