{"data":{"id":"us-ia/iowa-code-489.803","jurisdiction":"us-ia","citation":"Iowa Code § 489.803","heading":"Proper plaintiff.","body":"1. Except as otherwise provided in subsection 2, a derivative action under section 489.802 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.\n2. 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.","path":["Title XII - BUSINESS ENTITIES (Ch. 486 - 504C)","Chapter 489 - UNIFORM LIMITED LIABILITY COMPANY ACT","Subchapter VIII - ACTIONS BY MEMBERS"],"source_url":"https://www.legis.iowa.gov/docs/code/2026/489.803.pdf","current_through":"Iowa Code 2026 edition","vintage":"","retrieved_at":"2026-09-14T19:40:12Z","sha256":"a652e905faed7a3a45814e96dd53d46622c26723b12b64ef12cfa877262dcccf","source_id":"us-ia","stale":false,"prev":"us-ia/iowa-code-489.802","next":"us-ia/iowa-code-489.804"},"notice":"GroundRules: Original legal text. Not legal advice."}