A shareholder may not commence or maintain a derivative proceeding unless the shareholder:
(1) Was a shareholder of the corporation at the time of the act or omission complained of or became a shareholder through transfer by operation of law from one who was a shareholder at such time; and
(2) Fairly and adequately represents the interests of the corporation in enforcing the right of the corporation.
Laws 1995, LB 109, § 71.
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