Ala. Code § 10A-5A-9.02: Right of Derivative Action.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 5A Alabama Limited Liability Company Law of 2014.
- Article 9 Actions by Members.
(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.
Collected 2026-09-03T14:01:53Z. Source file · JSON