Section 17-76,131 - Proper plaintiff in a derivative actionIn a derivative action, the plaintiff must be a member or an assignee of a limited liability company interest at the time of bringing the action and:
(a) At the time of the transaction of which the plaintiff complains; or(b) the plaintiff's status as a member or an assignee of a limited liability company interest had devolved upon the plaintiff by operation of law or pursuant to the terms of an operating agreement from a person who was a member or an assignee of a limited liability company interest at the time of the transaction.Amended by L. 2014, ch. 40,§ 55, eff. 7/1/2014.