Statutes > Idaho Statutes > TITLE 53 PARTNERSHIP > CHAPTER 2 UNIFORM LIMITED PARTNERSHIP ACT > PART 10 ACTIONS BY PARTNERS > 53-2-1003 PROPER PLAINTIFF.

53-2-1003 PROPER PLAINTIFF.

TITLE 53

PARTNERSHIP

CHAPTER 2

UNIFORM LIMITED PARTNERSHIP ACT

PART 10

ACTIONS BY PARTNERS

53-2-1003. 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 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.