Minnesota Statutes

§ 322C.0901 — DIRECT ACTION BY MEMBER

Minnesota § 322C.0901
JurisdictionMinnesota
PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Ch. 322CMINNESOTA REVISED UNIFORM LIMITED LIABILITY COMPANY

This text of Minnesota § 322C.0901 (DIRECT ACTION BY MEMBER) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Minn. Stat. § 322C.0901 (2026).

Text

Subdivision 1.Direct actions allowed. Subject to subdivision 2, a member may maintain a direct action against another member, a manager, a governor, or the limited liability company to enforce the member's rights and otherwise protect the member's interests, including rights and interests under the operating agreement or this chapter or arising independently of the membership relationship. Subd. 2.Action requirements. A member maintaining a direct action under this section must plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the limited liability company.

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Legislative History

2014 c 157 art 1 s 64

Nearby Sections

15
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Bluebook (online)
Minnesota § 322C.0901, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/322C/322C.0901.