GroundRules
← Search the law
New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 42:2C-69: Proper plaintiff.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 42 PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS

69. Proper Plaintiff.

a. Except as otherwise provided in subsection b. of this section, a derivative action under section 68 of this act may be maintained only by a person that is a member at the time the action is commenced and remains a member while the action continues.

b. If the sole plaintiff in a derivative action dies while the action is pending, the court may permit another member of the limited liability company to be substituted as plaintiff.

L.2012, c.50, s.69.

Collected 2026-08-27T17:54:13Z. Source file · JSON

Browse this collection