UTAH CODE (Last Updated: January 16, 2015) |
Title 48. Partnership |
Chapter 3a. Utah Revised Uniform Limited Liability Company Act |
Part 8. Action by Members |
§ 48-3a-801. Direct action by member.
Latest version.
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(1) Subject to Subsection (2), a member may maintain a direct action against another member, a manager, or the limited liability company to enforce the member's rights and otherwise protect the member's interests, including rights and interests under the operating agreement or this chapter or arising independently of the membership relationship. (2) A member maintaining a direct action under this section must plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the limited liability company.
Enacted by Chapter 412, 2013 General Session