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2012 Kentucky Revised Statutes
CHAPTER 362 PARTNERSHIPS
SUBCHAPTER 2 Kentucky Uniform Limited Partnership Act (2006)
2.1003 Proper plaintiff.


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362.2-1003 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 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 that conduct. Effective: July 12, 2006 History: Created 2006 Ky. Acts ch. 149, sec. 173, effective July 12, 2006.
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