Maine Statutes
§ 31 §1423 — Proper plaintiff
A derivative action may be maintained only by a person that is a partner at the time the action is commenced and:
1.Partner when conduct occurred.
That was a partner when the conduct giving rise to the action occurred; or
2.Partner status.
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.
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Legislative History
PL 2005, c. 543, §C2 (NEW).
Nearby Sections
15
§ 31 §1400
Reinstatement following administrative dissolution or suspension of domestic limited partnership§ 31 §1411
Governing law§ 31 §1412
Application for certificate of authority§ 31 §1412-A
Amendments to application§ 31 §1414
Filing of certificate of authority§ 31 §1416
Revocation of authority§ 31 §1418
Action by Attorney General§ 31 §1421
Direct action by partner