Derivative suits.

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DERIVATIVE SUITS.

Members of a public benefit limited liability company or assignees of membership interests in a public benefit limited liability company owning individually or collectively, as of the date of instituting such derivative suit, at least two percent (2%) of the then-current membership interests of the limited liability company may maintain a derivative lawsuit to enforce the requirements set forth in subsection A of Section 25 of this act.

Added by Laws 2021, c. 51, § 27, eff. Nov. 1, 2021.


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