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§ 32-11-500 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 32 - Partnership/
  5. Chapter 11 - Uniform Limited Partnership Act/
  6. Article 9 - Derivative Actions.sec. 32.11.490. Derivative Action Authorized/
  7. § 32-11-500
Alaska Legal Code

§ 32-11-500

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In a derivative action, the plaintiff must be a partner at the time of bringing the action and (1) must have been a partner at the time of the transaction of which the plaintiff complains; or (2) the plaintiff's status 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.