R.I. Super. Ct. R. Civ. P. 23.1

In a derivative action brought by

one (1) or more shareholders or members to enforce a right of a corporation or of an

unincorporated association, the corporation or association having failed to enforce a

right which may properly be asserted by it, the complaint shall be verified and shall

allege that the plaintiff was a shareholder or member at the time of the transaction

of which the plaintiff complains or that the plaintiff's share or membership thereafter

devolved on the plaintiff by operation of law. The complaint shall also allege with

particularity the efforts, if any, made by the plaintiff to obtain the action the plaintiff

desires from the directors or comparable authority and, if necessary, from the

shareholders or members, and the reasons for the plaintiff's failure to obtain the

action or for not making the effort. The derivative action may not be maintained if

it appears that the plaintiff does not fairly and adequately represent the interest of

the shareholders or members similarly situated in enforcing the right of the

corporation or association. The action shall not be dismissed or compromised

without the approval of the court, and notice of the proposed dismissal or

compromise shall be given to shareholders or members in such manner as the court

directs.