Renumbered 10/1/2026
104 words·~1 min read·
/ut/title-48/chapter-3a/10-123A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Renumbered 10/1/2026
48-3a-803. Proper plaintiff.
A derivative action to enforce a right of a limited liability company may be maintained only by a person that is a member at the time the action is commenced and:
(1)was a member when the conduct giving rise to the action occurred; or
(2)whose status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from a person that was a member at the time of the conduct.
Renumbered and Amended by Chapter 93 , 2026 General Session
Enacted by Chapter 412 , 2013 General Session