Derivative action.
Neb. Rev. Stat. § 21-165
in effect21-165. Derivative action.
(RULLCA 902) A member may maintain a derivative action to enforce a right of a limited liability company if:
(1) the member first makes a demand on the other members in a member-managed limited liability company, or the managers of a manager-managed limited liability company, requesting that they cause the company to bring an action to enforce the right, and the managers or other members do not bring the action within a reasonable time; or
(2) a demand under subdivision (1) of this section would be futile.
Laws 2010, LB888, § 65.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=21-165Fetched: 10/20/2026
