CODE OF VIRGINIA

PROPER PLAINTIFF (§ 50-73.63)

In a derivative action, the plaintiff shall be a partner at the time of bringing
the action and (i) shall have been a partner at the time of the transaction of
which he complains or (ii) 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.

HISTORY: 1985, c. 607; 1987, c. 702.