D.C. Code § 29-808.02: Derivative action.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 8. Limited Liability Companies.
- Subchapter VIII. Actions by Members.
A member may maintain a derivative action in the Superior Court to enforce a right of a limited liability company if:
(1)
The member first makes a demand on the other members in a member-managed limited liability company, or the managers of a manager-managed limited liability company, requesting that they cause the company to bring an action to enforce the right, and the managers or other members do not bring the action within a reasonable time; or
(2)
A demand under paragraph (1) of this section would be futile.
Collected 2026-08-29T05:44:07Z. Source file · JSON