Code of Alabama
Chapter 5A - Alabama Limited Liability Company Law of 2014.
Article 9 - Actions by Members.

Section 10A-5A-9.01 - Direct Action by Members. - (a) Subject to subsection (b), a member may maintain a...

Section 10A-5A-9.02 - Right of Derivative Action. - (a) A member may commence or maintain a derivative action...

Section 10A-5A-9.03 - Standing. - (a) A member may commence or maintain a derivative action...

Section 10A-5A-9.04 - Demand. - A member may commence a derivative action in the right...

Section 10A-5A-9.05 - Pleading. - In a derivative action, the complaint must state with particularity:...

Section 10A-5A-9.06 - Stay of Proceedings. - For the purpose of allowing the limited liability company or...

Section 10A-5A-9.07 - Discontinuance or Settlement. - A derivative action may not be dismissed or compromised without...

Section 10A-5A-9.08 - Proceeds and Expenses. - (a) Except as otherwise provided in subsection (b): (1) any...

Section 10A-5A-9.09 - Applicability to Foreign Limited Liability Companies. - In any derivative action in the right of a foreign...