Tennessee Statutes
§ 43-38-701 — Derivative actions
Tennessee·Title 43
A member may not commence a proceeding in the name of a domestic cooperative, unless the member was a member of the cooperative when the transaction complained of occurred, or unless the member becomes a member through transfer by operation of law from one who was a member at that time.
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Tennessee § 43-38-701 (Derivative actions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2004, ch. 534, § 26.
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