A.R.S. § 29-3803: Proper plaintiff
Where this section sits in the code
- Title 29 Partnership
A person may maintain a derivative action to enforce a right of a limited liability company only if the person is a member at the time the action is commenced and either:
1. The person was a member when the conduct giving rise to the action occurred.
2. The person's status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from another person that was a member at the time of the conduct.
Collected 2026-09-04T00:49:56Z. Source file · JSON