Section 802 - Proper plaintiff. - Maryland Statutes

§ 4A-802. Proper plaintiff.
 

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. 
 

[1992, ch. 536.]