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Idaho · Through 2026 Legislative Session

Idaho Code § 30-25-802: DERIVATIVE ACTION.

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Where this section sits in the code
  1. TITLE 30 CORPORATIONS
  2. CHAPTER 25 LIMITED LIABILITY COMPANIES
  3. PART 8 ACTIONS BY MEMBERS

A member may maintain a derivative action 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 subsection (1) of this section would be futile.

Collected 2026-09-04T11:18:38Z. Source file · JSON

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