State Codes and Statutes

Statutes > Wisconsin > 179 > 179.92

179.92

179.92 Proper plaintiff. In a derivative action, the plaintiff must be a partner at the time of bringing the action and must satisfy any of the following conditions:

179.92(1)

(1) Have been a partner at the time of the transaction which is the subject of the complaint.

179.92(2)

(2) Derive his or her status as a partner 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.

179.92 - ANNOT.

History: 1983 a. 173; 1989 a. 232.