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URL:http://alisondb.legislature.state.al.us/alison/CodeOfAlabama
/1975/10A-5A-9.02.htm
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Modified:2015-06-10 14:46:06
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Title:10A-5A-9.02
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Body:Section 10A-5A-9.02

Right of derivative action.

(a) A member may commence or maintain a derivative action in the right of a limited liability company to enforce a right of the limited liability company by complying with this article.

(b) A member associated with a series of a limited liability company may commence or maintain a derivative action in the right of the series to enforce a right of the series by complying with this article.

(Act 2014-144, p. 265, ยง1.)