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
§ 16-10a-1001
Authority to amend.§ 16-10a-1002
Amendment by board of directors.§ 16-10a-1003
Amendment by board of directors and shareholders.§ 16-10a-1004
Voting on amendments by voting groups.§ 16-10a-1005
Amendment before issuance of shares.§ 16-10a-1006
Articles of amendment.§ 16-10a-1007
Restated articles of incorporation.§ 16-10a-1008
Amendment pursuant to reorganization.§ 16-10a-1008.5
Conversion to a nonprofit corporation.§ 16-10a-1008.7
Conversion to or from a domestic limited liability company.§ 16-10a-1009
Effect of amendment.§ 16-10a-101
Short title.§ 16-10a-102
Definitions.