GroundRules
← Search the law
District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-808.03: Proper plaintiff.

Read at publisher ↗
Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 8. Limited Liability Companies.
  3. Subchapter VIII. Actions by Members.

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 was derived, by operation of law or pursuant to the terms of the operating agreement, from a person that was a member at the time the conduct giving rise to the action occurred.

Collected 2026-08-29T05:44:07Z. Source file · JSON

Browse this collection