South Dakota Code § 47-34A-1103

Proper plaintiff
Open in Lexace · Ask the AI about this section
(a) Except as otherwise provided in subsection (b), a derivative action under §
47-34A-1102
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.
(b) If the sole plaintiff in a derivative action dies while the action is pending, the court may permit another member of the limited liability company to be substituted as plaintiff.

‹ Prev All South Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.