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2016 Connecticut General Statutes
Title 34 - Limited Partnerships, Partnerships, Professional Associations, Limited Liability Companies and Statutory Trusts
Chapter 613a - Uniform Limited Liability Company Act
Section 34-271a - (Note: This section is effective July 1, 2017.) Derivative action.
Universal Citation: CT Gen Stat § 34-271a (2016)
A member may maintain a derivative action to enforce a right of a limited liability company if: (1) The member first makes a demand on the other members in a member-managed limited liability company, or the managers of a manager-managed limited liability company, requesting that they cause the company to bring an action to enforce the right, and the managers or other members do not bring the action within ninety days; or (2) a demand under subdivision (1) of this section would be futile.
(P.A. 16-97, S. 65.)
History: P.A. 16-97 effective July 1, 2017.
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