Connecticut Statutes

§ 33-722 — Demand.

Connecticut § 33-722
JurisdictionConnecticut
Title 33Corporations
Ch. 601Business Corporations

This text of Connecticut § 33-722 (Demand.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conn. Gen. Stat. § 33-722 (2026).

Text

No shareholder may commence a derivative proceeding until:

(1)A written demand has been made upon the corporation to take suitable action; and (2) ninety days have expired from the date delivery of the demand was made unless the shareholder has earlier been notified that the demand has been rejected by the corporation or unless irreparable injury to the corporation would result by waiting for the expiration of the ninety-day period.

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Related

MBIA Inc. v. Federal Insurance
652 F.3d 152 (Second Circuit, 2011)
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Frank v. LoVetere
363 F. Supp. 2d 327 (D. Connecticut, 2005)
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Beckworth ex rel. Discount Trophy & Co. v. Bizier
138 F. Supp. 3d 144 (D. Connecticut, 2015)
2 case citations

Legislative History

(P.A. 94-186, S. 77, 215; P.A. 11-147, S. 16.) History: P.A. 94-186 effective January 1, 1997; P.A. 11-147 amended Subdiv. (2) to replace “the date the demand was made” with “the date delivery of the demand was made”.

Nearby Sections

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Bluebook (online)
Connecticut § 33-722, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/33-722.