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Kansas · Through 2025 legislative session

K.S.A. 17-76,131: Proper plaintiff in a derivative action.

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Where this section sits in the code
  1. Chapter 17.—CORPORATIONS
  2. Article 76.—LIMITED LIABILITY COMPANIES

In a derivative action, the plaintiff must be a member or an assignee of a limited liability company interest at the time of bringing the action and:

(a) At the time of the transaction of which the plaintiff complains; or

(b) the plaintiff's status as a member or an assignee of a limited liability company interest had devolved upon the plaintiff by operation of law or pursuant to the terms of an operating agreement from a person who was a member or an assignee of a limited liability company interest at the time of the transaction.

Collected 2026-09-04T15:10:48Z. Source file · JSON

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