§ 16-16-1303. Pleading.

Latest version.

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.

Amended by Chapter 378, 2010 General Session

                    
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