In a derivative action under § 47-34A-1102 , the complaint must state with particularity: (1) The date and content of the plaintiff's demand and the response to the demand by the managers or other members; or (2) If a demand has not been made, the reasons a demand under § 47-34A-1102 would be futile.
‹ Prev All South Dakota sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.