{"data":{"id":"us-sd/sdcl-47-34a-1102","jurisdiction":"us-sd","citation":"SDCL § 47-34A-1102","heading":"Derivative action.","body":"A member may maintain a derivative action to enforce a right of a limited liability company if:\n(1) The 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\n(2) A demand under paragraph (1) would be futile.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-34A. UNIFORM LIMITED LIABILITY COMPANY ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-34A-1102","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"45c6fcb45be61b6f7f00af376371cf102b2fe984692f7b5f0ac0dbaea31c8b46","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-34a-1101","next":"us-sd/sdcl-47-34a-1103"},"notice":"GroundRules: Original legal text. Not legal advice."}