In a derivative action, the plaintiff must be a partner when the plaintiff brings the action and: (1) The plaintiff must have been a partner at the time of the transaction of which the plaintiff complains; or (2) The plaintiffs status as a partner must have devolved upon the plaintiff from a person who was a partner at the time of the transaction.
‹ Prev All Oregon sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.