Alabama § 10A-5A-9.04 Demand

Alabama Statutes

§ 10A-5A-9.04 — Demand

Alabama § 10A-5A-9.04

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 5AAlabama Limited Liability Company Law of 2014

Art. 9Actions by Members

This text of Alabama § 10A-5A-9.04 (Demand) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 10A-5A-9.04 (2026).

Text

A member may commence a derivative action in the right of the limited liability company, or a series thereof, if:

(a)the member first makes a written demand upon the limited liability company or the series, as the case may be, to bring an action to enforce the right and the limited liability company or the series, as the case may be, does not bring the action within a reasonable time; or

(b)a demand under subsection (a) would be futile.

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A member may commence a derivative action in the right of the limited liability company, or a series thereof, if:
(a) the member first makes a written demand upon the limited liability company or the series, as the case may be, to bring an action to enforce the right and the limited liability company or the series, as the case may be, does not bring the action within a reasonable time; or
(b) a demand under subsection (a) would be futile.