§ 272a-13-030

272A.13 -030 Pleading derivative action. In a derivative action to enforce a right of a limited cooperative association, the complaint shall be verified and shall state: (1) The date and content of the plaintiff's demand under KRS 272A.13 -010(1) and the association's response; (2) If ninety (90) days have not expired since the demand, how irreparable harm to the association would result by waiting for the expiration of ninety (90) days; and (3) If the association agreed to bring an action demanded, that the action has not been brought within a rea sonable time. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 160, sec. 101, effective July 12, 2012.