[§428-1101] Right of action. A member of a limited liability company may maintain an action in the right of the company if the members or managers having authority to do so have refused to commence the action or an effort to cause those members or managers to commence the action is not likely to succeed. [L 1996, c 92, pt of §1]
Section: Previous 428-1005 428-1005.5 428-1006 428-1007 428-1008 428-1009 428-1010 428-1101 428-1102 428-1103 428-1104 428-1201 428-1202 428-1203 428-1204 NextLast modified: October 27, 2016