Pleading.
Known as the Alabama Business and Nonprofit Entity Code
The act spans §§ 10A-1-1.01 to 10A-9A-9.09 (1,341 sections).
(Act 2014-144, p. 265, §1.)
In a derivative action, the complaint must state with particularity:
(a) the date and content of plaintiff’s demand and the response by the limited liability company or the series, as the case may be, to the demand; or
(b) why the demand should be excused as futile.
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.