Conn. Gen. Stat. § 33-721: Standing.
Where this section sits in the code
- TITLE 33. CORPORATIONS
- CHAPTER 601*. BUSINESS CORPORATIONS
- PART VII. SHAREHOLDERS
A shareholder may not commence or maintain a derivative proceeding unless the shareholder: (1) Was a shareholder of the corporation at the time of the act or omission complained of or became a shareholder through transfer by operation of law from one who was a shareholder at that time; and (2) fairly and adequately represents the interests of the corporation in enforcing the right of the corporation.
Collected 2026-09-06T19:07:11Z. Source file · JSON