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NC General Statutes

N.C. Gen. Stat. § 59-1003 (2026)

Pleading

✓ current as of July 2026
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In a derivative action, the complaint shall set forth with particularity the effort of the plaintiff to secure initiation of the action by a general partner or the reasons for not making the effort. (1985 (Reg. Sess., 1986), c. 989, s. 2.)

 

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 2006–2025 · leading case: Gillespie v. Majestic Transp., Inc., 2016 NCBC 67 (N.C. Bus. Ct. 2016).
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Gillespie v. Majestic Transp., Inc., 2016 NCBC 67 (N.C. Bus. Ct. 2016). · cites it 14× “Defendants contend that the claims are derivative and that Gillespie may not maintain claims on behalf of GMF because he did not allege that he had complied with the pre-suit requirements contained in N.C. Gen. Stat. § 59-1003 , 5 and did not verify the Second Amended Complaint…”
Ray v. Deloitte & Touche, LLP, 2006 NCBC 5 (N.C. Bus. Ct. 2006). · cites it 2× “” N.C. Gen. Stat. § 59-1003 (emphasis added); see Del.”
Qian v. Zheng, 2025 NCBC 46 (N.C. Bus. Ct. 2025). · cites it 3× “” N.C.G.S. § 59-1003 (emphasis added). Here, Intervenors allege in their Second Amended Complaint that: [a]ny effort to cause [Halifax to] pursue [CSLP’s] claims as set forth herein against itself and against Plaintiffs and Individual Defendants is not likely to succeed because:…”
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