There is a newer version of the Hawaii Revised Statutes
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2009 Hawaii Code
Volume 08
TITLE 23A - OTHER BUSINESS ENTITIES]
CHAPTER 428 - UNIFORM LIMITED LIABILITY COMPANY ACT
§428-1101 - Right of action.

PART XI.  DERIVATIVE ACTIONS

 

     [§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]

 

Disclaimer: These codes may not be the most recent version. Hawaii may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.