{"data":{"id":"us-dc/d.c.-code-29-305.52","jurisdiction":"us-dc","citation":"D.C. Code § 29-305.52","heading":"Demand.","body":"A shareholder shall not commence a derivative proceeding until:\n\n(1)\nA written demand has been made upon the corporation to take suitable action; and\n\n(2)\nNinety days have expired from the date the delivery of the demand was made unless\n(A)\nThe shareholder has earlier been notified that the demand has been rejected by the corporation; or\n(B)\nIrreparable injury to the corporation would result by waiting for the expiration of the 90-day period.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 3. Business Corporations.","Subchapter V. Shareholders.","Part D. Derivative Proceedings."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-305.52","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"3739ddd24b0bd02c3354038806e442fb263e09a9a8cd012ed547ccdc29824277","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-305.51","next":"us-dc/d.c.-code-29-305.53"},"notice":"GroundRules: Original legal text. Not legal advice."}
