Hawaii Revised Statutes 428-1101 – Right of action
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PART XI. DERIVATIVE ACTIONS
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Terms Used In Hawaii Revised Statutes 428-1101
- Limited liability company: means a limited liability company organized under this chapter. See Hawaii Revised Statutes 428-101
[§428-1101] Right of action. 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.