Idaho Statutes
§ 30-25-802 — DERIVATIVE ACTION
Idaho § 30-25-802
This text of Idaho § 30-25-802 (DERIVATIVE ACTION) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Idaho Code § 30-25-802 (2026).
Text
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 a reasonable time; or
(2)A demand under subsection (1) of this section would be futile.
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Legislative History
[30-25-802, added 2015, ch. 243, sec. 50, p. 895.]
Nearby Sections
15
§ 30-14-101
SHORT TITLE§ 30-14-102
DEFINITIONS§ 30-14-103
REFERENCES TO FEDERAL STATUTES§ 30-14-104
REFERENCES TO FEDERAL AGENCIES§ 30-14-105
ELECTRONIC RECORDS AND SIGNATURES§ 30-14-201
EXEMPT SECURITIES§ 30-14-202
EXEMPT TRANSACTIONS§ 30-14-202A
FAIRNESS HEARING§ 30-14-203
ADDITIONAL EXEMPTIONS AND WAIVERS§ 30-14-301
SECURITIES REGISTRATION REQUIREMENT§ 30-14-302
NOTICE FILING§ 30-14-303
SECURITIES REGISTRATION BY COORDINATION§ 30-14-304
SECURITIES REGISTRATION BY QUALIFICATION§ 30-14-305
SECURITIES REGISTRATION FILINGSCite This Page — Counsel Stack
Bluebook (online)
Idaho § 30-25-802, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/30-25-802.