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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 47-34A-1103: Proper plaintiff.

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Where this section sits in the code
  1. TITLE 47. CORPORATIONS
  2. CHAPTER 47-34A. UNIFORM LIMITED LIABILITY COMPANY ACT

(a) Except as otherwise provided in subsection (b), a derivative action under § 47-34A-1102 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.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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