2009 Alabama Code
Title 10 — CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS.
Chapter 9B — ALABAMA LIMITED PARTNERSHIP ACT OF 1997 REPEALED
Section 10-9B-1002 Proper plaintiff.
Section 10-9B-1002Proper plaintiff.
REPEALED IN THE 2009 REGULAR SESSION BY ACT 2009-621, EFFECTIVE JANUARY 1, 2010. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
In a derivative action, the plaintiff must be a partner at the time of bringing the action or have succeeded to the right of a partner under Section 10-9B-705 and (1) at the time of the transaction of which he or she complains, or (2) his or her status as a partner (or successor) exercising the rights and powers of a partner under Section 10-9B-705, have 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.
(Act 97-921, 1st Ex. Sess., p. 335, §1.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
