Current as of January 01, 2019 | Updated by FindLaw Staff
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(1) In a derivative action to enforce a right of a limited cooperative association, the complaint must state:
(a) The date and content of the plaintiff's demand under section 7-58-1301(1)(a) and the association's response;
(b) If ninety days have not expired since the demand was received by the association, how irreparable harm to the association would result by waiting for the expiration of ninety days; and
(c) If the association agreed to bring an action demanded, that the action has not been brought within a reasonable time.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 7. Corporations and Associations § 7-58-1303. Pleading - last updated January 01, 2019 | https://codes.findlaw.com/co/title-7-corporations-and-associations/co-rev-st-sect-7-58-1303/
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