CCP 611 - Derivative actions; prerequisites - Louisiana Statutes

SECTION 2. DERIVATIVE ACTIONS

Art. 611. Derivative actions; prerequisites

When a corporation or unincorporated association refuses to enforce a right of the corporation or unincorporated association, a shareholder, partner, or member thereof may bring a derivative action to enforce the right on behalf of the corporation or unincorporated association. A derivative action may be maintained as a class action when the persons constituting the class are so numerous as to make it impracticable for all of them to join or be joined as parties. In the case of a derivative class action, Articles 594 and 595 shall apply.

Acts 1997, No. 839, §1, eff. July 1, 1997.