Wis. Stat. § 179.0903

Current through Acts 2023-2024, ch. 272

Section 179.0903 - Proper plaintiff

A derivative action to enforce a right of a limited partnership may be maintained only by a person that is a partner at the time the action is commenced and to which any of the following applies:

(1) The person was a partner when the conduct giving rise to the action occurred.

(2) The person's status as a partner devolved on 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 the conduct.

Wis. Stat. § 179.0903

Amended by Acts 2021 ch, 258,s 143, eff. 4/17/2022.