{"data":{"id":"us-co/c.r.s.-7-80-713","jurisdiction":"us-co","citation":"C.R.S. § 7-80-713","heading":"Derivative proceeding - standing.","body":"(1) A member may commence or maintain a derivative proceeding pursuant to this part 7 only where:\n\n(a) The member was a member of the limited liability company at the time of the act or omission complained of or the membership interest in such company thereafter devolved by operation of law; and\n\n(b) It appears that the member fairly and adequately represents the interests of the members similarly situated in enforcing the right of the limited liability company.\n\n(2) Repealed.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 80 - Limited Liability Companies","Part 7 - MEMBERS"],"source_url":"https://olls.info/crs/crs2026-title-07.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"46dffa5680b2c5999f26d3aa3d6afa23c343c880123dc3d619a1842dc23d6b66","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-80-712","next":"us-co/c.r.s.-7-80-714"},"notice":"GroundRules: Original legal text. Not legal advice."}