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New Jersey Statutes, Title: 42, PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS

    Chapter 2c: Revised Uniform Limited Liability Company Act

      Section: 42:2c-67: Direct action by member.

          
67. Direct Action by Member.

a. Subject to subsection b. of this section, a member may maintain a direct action against another member, a manager, or the limited liability company to enforce the member's rights and otherwise protect the member's interests, including rights and interests under the operating agreement or this act or arising independently of the membership relationship.

b. A member maintaining a direct action under this section shall plead and prove an actual or threatened injury that is not solely the result of an injury suffered or threatened to be suffered by the limited liability company.

L.2012, c.50, s.67.

This section added to the Rutgers Database: 2012-10-16 15:26:07.






Older versions of 42:2c-67 (if available):



Court decisions that cite this statute: CLICK HERE.