Senate Status:
2016 Statute
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17-7677. Execution by judicial order. [See Revisor's Note] If a person required to execute an operating agreement or amendment thereof fails or refuses to do so, any other person who is adversely affected by the failure or refusal may petition the district court to direct the execution of the operating agreement or amendment thereof. If the court finds that the operating agreement or amendment thereof should be executed and that any person required to execute the operating agreement or amendment thereof has failed or refused to do so, it shall enter an order granting appropriate relief. |
History: L. 1999, ch. 119, § 16; L. 2014, ch. 40, § 13; L. 2015, ch. 65, § 7; July 1. |
Section was amended twice in the 2014 session, see also 17-7677a. Section was amended twice in the 2015 session, see also 17-7677b. |
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