derivative suits
A member of a nonprofit corporation may bring a suit in the right of a nonprofit corporation (on behalf of the corporation) seeking a judgment in the corporation's favor. The member must fairly and adequately represent the nonprofit corporation's interests in enforcing the corporation's right.
A member may not bring such a suit until certain requirements are met, as
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16-6a-304. Ultra vires |
16-6a-612. Derivative suits |
Hi-Country v. Emmer (evaluating independence of committee in derivative suit) '13 |