Ariz. Rev. Stat. § 29-357

Current through L. 2024, ch. 181

Section 29-357 - Proper plaintiff

In a derivative action, the plaintiff shall be a partner at the time of bringing the action and:

1. Shall have been a partner at the time of the transaction of which he complains; or

2. His status as a partner shall have devolved upon him 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.

A.R.S. § 29-357