{"data":{"id":"us-me/31-m.r.s.-1632","jurisdiction":"us-me","citation":"31 M.R.S. §1632","heading":"Derivative action","body":"A member may maintain a derivative action to enforce a right of a limited liability company if:\n1.  Demand.  The member first makes a demand on the limited liability company to take suitable action, and the limited liability company does not take suitable action within a reasonable time; or\n2.  Futility of demand.  A demand under subsection 1 would be futile.","path":["TITLE 31: PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 21: LIMITED LIABILITY COMPANIES","SUBCHAPTER 11: ACTIONS BY MEMBERS"],"source_url":"https://legislature.maine.gov/statutes/31/title31sec1632.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:37Z","sha256":"10b5aea01bcf3b258f77f7e52d902f9dafaffba465afced476bed0937f6ab742","source_id":"us-me","stale":false,"prev":"us-me/31-m.r.s.-1631","next":"us-me/31-m.r.s.-1633"},"notice":"GroundRules: Original legal text. Not legal advice."}