In a derivative action, the complaint shall state with particularity:
(1) the date and content of plaintiff’s demand and the response to the demand by the other members or the managers; or
(2) why the demand should be excused as futile.
Pleading
Added 2015, No. 17, § 2.
In a derivative action, the complaint shall state with particularity:
(1) the date and content of plaintiff’s demand and the response to the demand by the other members or the managers; or
(2) why the demand should be excused as futile.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.