N.D. Cent. Code § 10-32.1-33

This is the official text of N.D. Cent. Code § 10-32.1-33, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.

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10-32.1-33. Direct action by a member

Official statutory text

10-32.1-33. Direct action by a member

1. Subject to subsection 2, a member may maintain a direct action against another

member, a manager, a governor, or the limited liability company to enforce the rights of

the member and otherwise protect the interests of the member, 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.

Status: in_force · Read it on the official government site

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