§ 13.1-1043. Proper plaintiff
In a derivative action, the plaintiff shall be a member at the time of bringing the action and (i) shall have been a member at the time of the transaction of which he or it complains or (ii) his or its status as a member shall have devolved upon him or it by operation of law or pursuant to the terms of the articles of organization or an operating agreement from a person who was a member at the time of the transaction.
(1991, c. 168.)
Sections: Previous 13.1-1039 13.1-1040 13.1-1040.1 13.1-1040.2 13.1-1041 13.1-1041.1 13.1-1042 13.1-1043 13.1-1044 13.1-1045 13.1-1046 13.1-1047 13.1-1048 13.1-1049 13.1-1049.1 NextLast modified: April 2, 2009