N.D. Cent. Code § 10-32.1-35
This is the official text of N.D. Cent. Code § 10-32.1-35, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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10-32.1-35. Proper plaintiff
Official statutory text
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.
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.
Status: in_force · Read it on the official government site
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