SECTION 605.0803. Proper plaintiff.

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1A derivative action to enforce a right of a limited liability company may be commenced only by a person who is a member at the time the action is commenced and:
32(1) 33Was a member when the conduct giving rise to the action occurred; or
46(2) 47Whose status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from a person who was a member when the conduct giving rise to the action occurred.

History.-s. 2, ch. 2013-180; s. 256, ch. 2019-90.

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