Ky. Rev. Stat. § 272A.13-030

Current through 2024 Ky. Acts ch.225

Section 272A.13-030 - Pleading derivative action

In a derivative action to enforce a right of a limited cooperative association, the complaint shall be verified and shall state:

(1) The date and content of the plaintiff's demand under KRS 272A.13-010(1) and the association's response;

(2) If ninety (90) days have not expired since the demand, how irreparable harm to the association would result by waiting for the expiration of ninety (90) days; and

(3) If the association agreed to bring an action demanded, that the action has not been brought within a reasonable time.

KRS 272A.13-030

Added by 2012 Ky. Acts ch. 160,§ 101, eff. 7/11/2012.