{"data":{"id":"us-nj/n.j.-stat.-42-2c-68","jurisdiction":"us-nj","citation":"N.J. Stat. § 42:2C-68","heading":"Derivative action.","body":"68.\tDerivative Action.  A member may maintain a derivative action to enforce a right of a limited liability company if:\na.\tthe member first makes a demand on the other members in a member-managed limited liability company, or the managers of a manager-managed limited liability company, requesting that they cause the company to bring an action to enforce the right, and the managers or other members do not bring the action within a reasonable time; or\nb.\tA demand under subsection a. of this section would be futile.\nL.2012, c.50, s.68.","path":["TITLE 42 PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"47fa811e430d6b18d04fe10bf7d3dbdaf65309a6d11a7d975f2bca4453c7e8f1","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-42-2c-67","next":"us-nj/n.j.-stat.-42-2c-69"},"notice":"GroundRules: Original legal text. Not legal advice."}
