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2017 New Jersey Revised Statutes
TITLE 42 - PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS
Section 42:2C-67 - Direct action by member.
Universal Citation: NJ Rev Stat § 42:2C-67 (2017)
42:2C-67 Direct action by member.
67. 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 otherwise protect the member's interests, including rights and interests under the operating agreement or this act or arising independently of the membership relationship.
b. A member maintaining a direct action under this section shall 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.
L.2012, c.50, s.67.
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