Oklahoma Statutes

§ 54-500-1003A — Proper plaintiff.

Oklahoma·Title 54 Partnership

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)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.

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Oklahoma § 54-500-1003A (Proper plaintiff.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Laws 2010, c. 384, § 85, eff. Jan. 1, 2011.

Nearby Sections

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