§ 4A-802

Md. Code, Corporations and Associations § 4A-802, under Article — Corporations and Associations.

Md. Code, Corporations and Associations § 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.