S.C. Code § 33-44-1101
Right of action
South Carolina · South Carolina Code Title 33, Chapter 44 — Uniform Limited Liability Company Act of 1996 · Status: effective
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- Citation
- S.C. Code § 33-44-1101, Right of action, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1576875
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Full text
A member of a limited liability company may maintain an action in the right of the company if the members or managers having authority to do so have refused to commence the action or an effort to cause those members or managers to commence the action is not likely to succeed.