Section 1705.50 | [Repealed Effective 2/11/2022 - See R.C. 1706.83] Plaintiff's status as member.
In a derivative action commenced pursuant to section 1705.49 of the Revised Code, the plaintiff shall be a member at the time of bringing the action. The plaintiff shall also have been a member at the time of the transaction of which he complains unless his status as a member devolved upon him by operation of law or pursuant to the operating agreement from a person who was a member at the time of the transaction.
Last updated August 30, 2021 at 12:02 PM
Available Versions of this Section
- July 1, 1994 – Amended by Senate Bill 74, 120th General Assembly [ View July 1, 1994 Version ]