2015 District of Columbia Code
Division V - Local Business Affairs.
Title 29 - Business Organizations.
Chapter 8 - Limited Liability Companies.
Subchapter VIII - Actions by Members.
§ 29-808.03. 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 was derived, by operation of law or pursuant to the terms of the operating agreement, from a person that was a member at the time the conduct giving rise to the action occurred.
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