{"data":{"id":"us-gu/18-gca-171302","jurisdiction":"us-gu","citation":"18 GCA § 171302","heading":"Derivative Action.","body":"(a) A member may maintain a derivative action to enforce a right of a limited cooperative association if:\n(1) the member first makes a demand on the directors requesting that they cause the association to bring an action to enforce the right and the directors do not bring the action within a reasonable time; or\n(2) a demand under paragraph (1) of this Section would be futile.","path":["Title 18: Business Structure and Function","Division 1 - Business Structure","Part 2 - Special Corporate Forms","Chapter 17: Guam Uniform Limited Cooperative Association Act","ARTICLE 13: ACTIONS BY MEMBERS"],"source_url":"https://col.guamcourts.gov/sites/default/files/18gc017.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:54:38Z","sha256":"55687766b4fe771b907b72e6584f45854f22a729554ab63cac2f0341e3722d48","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-171301","next":"us-gu/18-gca-171303"},"notice":"GroundRules: Original legal text. Not legal advice."}