In a derivative action under section 489.902, the complaint must state with particularity any of the following:
 1. The date and content of the plaintiff‘s demand and the response to the demand by the managers or other members.

Need help with a review of an LLC operating agreement?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In Iowa Code 489.904

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Iowa Code 489.102
 2. If a demand has not been made, the reasons a demand under section 489.902, subsection 1, would be futile.