Conn. Gen. Stat. § 34-271a

Current with legislation from the 2024 Regular and Special Sessions.

Section 34-271a - Derivative action

A member may maintain a derivative action to enforce a right of a limited liability company if:

(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 ninety days; or

(2) a demand under subdivision (1) of this section would be futile.

Conn. Gen. Stat. § 34-271a

( P.A. 16-97, S. 65.)

Added by P.A. 16-0097, S. 65 of the Connecticut Acts of the 2016 Regular Session, eff. 7/1/2017.