Oklahoma Statutes (Last Updated: September 18, 2014)

§ 54-500-1003A. Proper plaintiff.

Latest version.

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 the 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 the conduct.

Added by Laws 2010, c. 384, § 85, eff. Jan. 1, 2011.

                    
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