Proper plaintiff.

Utah Code § 16-20-803 (eff. 10/1/2026), under Part 16-20-8: Action By Members.

Utah Code § 16-20-803 (eff. 10/1/2026)

16-20-803. 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 devolved on the person by operation of law or in accordance with the terms of the operating agreement from a person that was a member at the time of the conduct.