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§ 29.3803 — Arizona Law | CourtGPT
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Arizona Legal Code

§ 29.3803

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29-3803. Proper plaintiff A person may maintain a derivative action to enforce a right of a limited liability company only if the person is a member at the time the action is commenced and either: 1. The person was a member when the conduct giving rise to the action occurred. 2. The person's status as a member devolved on the person by operation of law or pursuant to the terms of the operating agreement from another person that was a member at the time of the conduct.