{"data":{"id":"us-de/6-del.-c.-18-1206","jurisdiction":"us-de","citation":"6 Del. C. § 18-1206","heading":"Derivative suits.","body":"Members of a statutory public benefit limited liability company or assignees of limited liability company interests in a statutory public benefit limited liability company owning individually or collectively, as of the date of instituting such derivative suit, at least 2% of the then-current percentage or other interest in the profits of the limited liability company or, in the case of a limited liability company with limited liability company interests listed on a national securities exchange, the lesser of such percentage or limited liability company interests of at least $2,000,000 in market value, may maintain a derivative lawsuit to enforce the requirements set forth in § 18-1204(a) of this title.","path":["Title 6. Commerce and Trade","SUBTITLE II","Other Laws Relating to Commerce and Trade","CHAPTER 18. Limited Liability Company Act","Subchapter XII. Statutory Public Benefit Limited Liability Companies"],"source_url":"https://delcode.delaware.gov/title6/c018/sc12/index.html#18-1206","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:07Z","sha256":"c57d65eca8dca9bd35e6df55c4c89045b65eca62a97d6f0d809e763f742a811d","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-18-1205","next":"us-de/6-del.-c.-18-1207"},"notice":"GroundRules: Original legal text. Not legal advice."}