605.0801 Direct action by member.
144 words·~1 min read·
/fl/title-xxxvi/chapter-605/605-0801·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Subject to subsection (2), 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 chapter or arising independently of the membership relationship.
(2)A member maintaining a direct action under this section must plead and prove either:
(a)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; or
(b)An actual or threatened injury resulting from a violation of a separate statutory or contractual duty owed by the alleged wrongdoer to the member, even if the injury is in whole or in part the same as the injury suffered or threatened to be suffered by the limited liability company.