RSA 304-C:188 Right to Bring Actions on Behalf of Limited Liability Companies.

I. A member or members may bring an action in the superior court in the right of a limited liability company to recover a judgment in its favor if managers or members with authority to do so have refused to bring the action or if an effort to cause those managers or members to bring the action is not likely to succeed, provided that:
(a) All such plaintiff members are members at the time of bringing such action;
(b)(1) All such plaintiff members are members at the time of the transaction of which the plaintiffs complain; or
(2) The plaintiffs' status as members had devolved on the plaintiffs by operation of law or under the terms of a limited liability company agreement from persons who were members at the time of the transaction; and
(c) The complaint sets f