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Haw. Rev. Stat. § 428-1102

Proper plaintiff

L 1996, c 92, pt of §1

In a derivative action for a limited liability company, the plaintiff shall be a member of the company when the action is commenced, and:

(1) Shall have been a member at the time of the transaction of which the plaintiff complains; or

(2) The plaintiff's status as a member shall have devolved upon the plaintiff by operation of law or pursuant to the terms of the operating agreement from a person who was a member at the time of the transaction.

Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.