§ 4A-802. Proper plaintiff

MD Corp & Assn Code § 4A-802 (2019) (N/A)
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The plaintiff in a derivative action shall:

(1)    Be a member at the time the action is brought; and

(2)    (i)    Have been a member at the time of the transaction of which the plaintiff complains; or

(ii)    Had membership status devolve upon the plaintiff by operation of law from a person who was a member at the time of the transaction.