Michigan § 449.2002 - Status of plaintiff in derivative action.
Full text of Michigan Michigan Compiled Laws § 449.2002 — Status of plaintiff in derivative action., with citation guidance and answers to common questions.
§ 449.2002. Status of plaintiff in derivative action.
In a derivative action, the plaintiff must be a partner at the time of bringing the action and (1) at the time of the transaction of which the plaintiff complains or (2) his or her status as a partner had devolved upon him or her 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.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 449.2002
What does Michigan Compiled Laws § 449.2002 cover?
Section 449.2002 ("Status of plaintiff in derivative action.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 449.2002?
A common citation format is "Michigan Compiled Laws § 449.2002" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 449.2002 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.