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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Utah Code Title 16. Corporations § 16-16-1303. Pleading - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-16-corporations/ut-code-sect-16-16-1303/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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