17-7677. Execution by judicial order.
17-7677
17-7677. Execution by judicial order.
(a) If a person required to execute a certificate required
by this act 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 certificate. If the court finds that the
execution of the certificate
is proper and that any person so designated has failed or refused to execute
the certificate, it shall
order the secretary of state to record an appropriate certificate.
(b) 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; Jan. 1, 2000.