South Carolina Statutes

§ 33-44-1101 — Right of action.

South Carolina § 33-44-1101
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 44UNIFORM LIMITED LIABILITY COMPANY ACT OF 1996

This text of South Carolina § 33-44-1101 (Right of action.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.C. Code Ann. § 33-44-1101 (2026).

Text

A member of a limited liability company may maintain an action in the right of the company if the members or managers having authority to do so have refused to commence the action or an effort to cause those members or managers to commence the action is not likely to succeed.

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Legislative History

HISTORY: 1996 Act No. 343, SECTION 2.

Nearby Sections

15
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Bluebook (online)
South Carolina § 33-44-1101, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/33-44-1101.