Conn. Gen. Stat. § 34-271b

Current with legislation from 2024 effective through June 5, 2024.

Section 34-271b - Derivative action. Proper plaintiff

A derivative action to enforce a right of a limited liability company may be maintained only by a person that is a member at the time the action is commenced and:

(1) Was a member when the conduct giving rise to the action occurred; or

(2) whose status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from a person that was a member at the time of the conduct.

Conn. Gen. Stat. § 34-271b

( P.A. 16-97, S. 66.)

Added by P.A. 16-0097, S. 66 of the Connecticut Acts of the 2016 Regular Session, eff. 7/1/2017.