Ala. Code § 10A-5A-9.02

Current with legislation from 2024 effective through May 17, 2024.
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.

Ala. Code § 10A-5A-9.02 (1975)

Added by Act 2014-144,§ 1, eff. 1/1/2015.