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322C.0903 PROPER PLAINTIFF.

Subdivision 1.Member status required.

Except as otherwise provided in subdivision 2, a derivative action under section 322C.0902 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.

Subd. 2.Effect of plaintiff death.

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.

Official Publication of the State of Minnesota
Revisor of Statutes