Utah Statutes

§ 16-16-1303 — Pleading.

Utah·Title 16 Corporations·Ch. 16-16 Uniform Limited Cooperative Association Act·Part 16-16-13 Action by Member

In a derivative action to enforce a right of a limited cooperative association, the complaint shall state:

(1)the date and content of the plaintiff's demand under Subsection 16-16-1301(1) and the association's response;
(2)if 90 days have not expired since the demand, how irreparable harm to the association would result by waiting for the expiration of 90 days; and
(3)if the association agreed to bring an action demanded, that the action has not been brought within a reasonable time.

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Legislative History

Amended by Chapter 378, 2010 General Session

Nearby Sections

15
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