Utah Statutes

§ 48-2e-1003 — Proper plaintiff.

Utah·Title 48 Unincorporated Business Entity Act·Ch. 48-2e Utah Uniform Limited Partnership Act·Part 48-2e-10 Actions by Partners

A derivative action to enforce a right of a limited partnership may be maintained only by a person that is a partner at the time the action is commenced and:

(1)which was a partner when the conduct giving rise to the action occurred; or
(2)whose status as a partner devolved on 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

Enacted by Chapter 412, 2013 General Session

Nearby Sections

15
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