N.D. Cent. Code § 10-32.1-35

10-32.1-35. Proper plaintiff

Year: 2026Length: 75 wordsOfficial source
10-32.1-35. Proper plaintiff 1. Except as otherwise provided in subsection 2, a derivative action under section 10-32.1-34 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. 2. If the sole plaintiff in a derivative action dies while the action is pending, then the court may permit another member of the limited liability company to be substituted as plaintiff.
N.D. Cent. Code § 10-32.1-35: 10-32.1-35. Proper plaintiff | Justis AI