Ark. Code Ann. § 4-38-804
Pleading
Last amended: 2021Year: 2026Length: 96 words
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. Added by Act 2021, No. 1041,§ 26, eff. 7/28/2021.
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.
Added by Act 2021, No. 1041,§ 26, eff. 7/28/2021.