§ 18-441-1303. Pleading.  


Latest version.
  • PLEADING.  In a derivative action to enforce a right of a limited cooperative association, the complaint must state:

    (1)  The date and content of the plaintiff’s demand under paragraph (1) of Section 117 of this act and the association’s response;

    (2)  If ninety (90) days have not expired since the demand, how irreparable harm to the association would result by waiting for the expiration of ninety (90) days; and

    (3)  If the association agreed to bring an action demanded, that the action has not been brought within a reasonable time.

Added by Laws 2009, c. 68, § 119, eff. Jan. 1, 2010.