Maryland Corporations and Associations Section 4A-802

      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.