A member may maintain a derivative action to enforce a right of a limited liability company if:
a.the member first makes a demand on the other members in a member-managed limited liability company, or the managers of a manager-managed limited liability company, requesting that they cause the company to bring an action to enforce the right, and the managers or other members do not bring the action within a reasonable time; or
b.A demand under subsection a. of this section would be futile.
Added by L. 2012, c. 50,s. 68, eff. 3/18/2013.