Public-domain · open source
OpenJurist

§ 54-2A-1003 NMSA 1978

Proper plaintiff

Known as the Uniform Revised Limited Partnership Act

The act spans §§ 54–54 (104 sections).

Laws 2007, ch. 129, § 1003.

A derivative action may be maintained only by a person that is a partner at the time the action is commenced and:

A. that was a partner when the conduct giving rise to the action occurred; or

B. 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.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.