{"data":{"id":"us-la/rs-12-1-742.1","jurisdiction":"us-la","citation":"RS 12:1-742.1","heading":"Petition in derivative proceeding","body":"The petition in a derivative proceeding shall do all of the following:\n(1) Allege that the plaintiff meets the standing requirements of R.S. 12:1-741.\n(2) Allege either that the plaintiff made demand upon the corporation at least ninety days before the filing of the petition as required by R.S. 12:1-742 or that the plaintiff made the demand and, for reasons alleged in the petition, the filing of the petition before the expiration of the ninety-day period complies with R.S. 12:1-742.\n(3) Join as defendants the corporation and the obligor on the obligation sought to be enforced.\n(4) Include a prayer for judgment in favor of the corporation and against the obligor on the obligation sought to be enforced.\n(5) Be verified by the affidavit of the plaintiff or his counsel.","path":["TITLE 12. CORPORATIONS AND ASSOCIATIONS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=920287","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:52Z","sha256":"244876b9b677ecebe263f7d2fb7b57a5e52830d793db5aee2001c98f9cffb76d","source_id":"us-la","stale":false,"prev":"us-la/rs-12-1-742","next":"us-la/rs-12-1-742.2"},"notice":"GroundRules: Original legal text. Not legal advice."}