Delaware Statutes
§ 18-1001 — Right to bring action
Delaware § 18-1001
This text of Delaware § 18-1001 (Right to bring action) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Del. Code tit. 6, § 18-1001 (2026).
Text
A member or an assignee of a limited liability company interest may bring an action in the Court of Chancery in the right of a limited liability company to recover a judgment in its favor if managers or members with authority to do so have refused to bring the action or if an effort to cause those managers or members to bring the action is not likely to succeed.
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Legislative History
68 Del. Laws, c. 434, § 1 ; 71 Del. Laws, c. 341, § 16
Nearby Sections
15
§ 18-1001
Right to bring action§ 18-1002
Proper plaintiff§ 18-1003
Complaint§ 18-1004
Expenses§ 18-101
Definitions§ 18-102
Name set forth in certificate§ 18-103
Reservation of name§ 18-108
IndemnificationCite This Page — Counsel Stack
Bluebook (online)
Delaware § 18-1001, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/18-1001.