Md. Code, Corporations and Associations § 10-1002
This is the official text of Md. Code, Corporations and Associations § 10-1002, part of Maryland’s Code, Corporations and Associations — governs the formation and operation of corporations, LLCs, and partnerships.
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§10–1002.
Official statutory text
In a derivative action, the plaintiff must be a partner at the time of bringing the action and:
(1) Have been a partner at the time of the transaction of which he complains; or
(2) Have had his status as a partner devolve on him by operation of law from a person who was a partner at the time of the transaction.
(1) Have been a partner at the time of the transaction of which he complains; or
(2) Have had his status as a partner devolve on him by operation of law from a person who was a partner at the time of the transaction.
Status: in_force · Read it on the official government site
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