17-76,131.
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/ks/chapter-17/17-76-34A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-76,131. Proper plaintiff in a derivative action. In a derivative action, the plaintiff must be a member or an assignee of a limited liability company interest at the time of bringing the action and:
(a)At the time of the transaction of which the plaintiff complains; or
(b)the plaintiff's status as a member or an assignee of a limited liability company interest had devolved upon the plaintiff by operation of law or pursuant to the terms of an operating agreement from a person who was a member or an assignee of a limited liability company interest at the time of the transaction.