There is a newer version
of
this Section
2018 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 25 - LIMITED LIABILITY COMPANIES
Part 8 - ACTIONS BY MEMBERS
Section 30-25-801 - DIRECT ACTION BY MEMBER.
Universal Citation: ID Code § 30-25-801 (2018)
30-25-801. DIRECT ACTION BY MEMBER. (a) Subject to subsection (b) of this section, a member may maintain a direct action against another member, a manager, or the limited liability company to enforce the member’s rights and protect the member’s interests, including rights and interests under the operating agreement or this act or arising independently of the membership relationship.
[(b)](2) A member maintaining a direct action under this section must plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the limited liability company.
History:
[30-25-801, added 2015, ch. 243, sec. 50, p. 895.]
Disclaimer: These codes may not be the most recent version. Idaho 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.
