D.C. Code § 29-808.03: Proper plaintiff.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 8. Limited Liability Companies.
- 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