SDCL § 47-34A-1103: Proper plaintiff.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- 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