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§ 449.2002 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 449 - Partnershipsact 72 of 1917 - Uniform Partnership Act (449.1 - 449.48)72-1917-ii -/
  5. Statute Act 213 of 1982/
  6. Article 10 - (449.2001...449.2005)/
  7. § 449.2002
Michigan Legal Code

§ 449.2002

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449.2002 Status of plaintiff in derivative action. Sec. 1002. In a derivative action, the plaintiff must be a partner at the time of bringing the action and (1) at the time of the transaction of which the plaintiff complains or (2) his or her status as a partner had devolved upon him or her by operation of law or pursuant to the terms of the partnership agreement from a person who was a partner at the time of the transaction. History: 1982, Act 213, Eff. Jan. 1, 1983