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

Md. Code, Corporations and Associations § 4A-802
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca&section=4A-802&enactments=falseFetched: 10/16/2026

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