Section 25.15.391. Proper plaintiff.

Latest version.

In a derivative action, the plaintiff must be a member at the time of bringing the action and:

(1) At the time of the transaction of which the plaintiff complains; or

(2) The plaintiff's status as a member had devolved upon the person by operation of law or pursuant to the terms of a limited liability company agreement from a person who was a member at the time of the transaction.

[ 2015 c 188 § 76.]

2015 c 188 § 76.

                    
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