GroundRules
18 GCA § 171303: Proper Plaintiff.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 2 - Special Corporate Forms
- Chapter 17: Guam Uniform Limited Cooperative Association Act
- ARTICLE 13: ACTIONS BY MEMBERS
(a) A derivative action to enforce a right of a limited cooperative association 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 organic rules from a person that was a member at the time of the conduct.
Collected 2026-09-27T03:54:38Z. Source file · JSON