Section 48-3a-803 - Proper plaintiffA 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.Added by Chapter 412, 2013 General Session ,§ 339, eff. 1/1/2014.