Indiana Statutes
§ 23-18-8-1 — Persons entitled to bring suit in name of company
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 18 LIMITED LIABILITY COMPANIES·Ch. 8 Suits By and Against a Limited Liability Company
Except as otherwise provided in a written operating agreement, a suit on behalf of a limited liability company may be brought in the name of the limited liability company by the following:
(1)A member of a limited liability company, whether or not the
articles of organization provide for a manager or managers, who
is authorized to sue by the affirmative vote of a majority in
interest of the members, unless the vote of all members is
required under IC 23-18-4-3. In determining the vote, the vote of
a member who has an interest in the outcome of the suit that is
adverse to the interest of the limited liability company shall be
excluded.
(2)If the articles of organization provide for a manager or
managers, a manager who is authorized to do so by the articles of
organization, an operating ag
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Related
Morris v. Crain
969 N.E.2d 119 (Indiana Court of Appeals, 2012)
Legislative History
As added by P.L.8-1993, SEC.301.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"