Ark. Code § 4-38-804

Current with legislation from 2024 Fiscal and Special Sessions.

Section 4-38-804 - Pleading

In a derivative action, the complaint must state with particularity:

(1) the date and content of plaintiff's demand and the response to the demand by the managers or other members; or

(2) why demand should be excused as futile.

Ark. Code § 4-38-804

Added by Act 2021, No. 1041,§ 26, eff. 7/28/2021.