GroundRules
Utah Code § 48-3a-803: Proper plaintiff.
Where this section sits in the code
- Title 48 Unincorporated Business Entity Act
- Chapter 48-3a Utah Revised Uniform Limited Liability Company Act
- Part 48-3a-8 Action by Members
A derivative action to enforce a right of a limited liability company 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 operating agreement from a person that was a member at the time of the conduct.
Collected 2026-09-03T11:34:33Z. Source file · JSON