The Revised Act requires that demand be made upon the board of directors to enforce the corporate right at issue in all cases as a prerequisite to bringing a derivative suit.

Name: The Revised Act requires that demand be made upon the board of directors to enforce the corporate right at issue in all cases as a prerequisite to bringing a derivative suit.
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Question

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The statement accurately reflects the requirements of the Revised Act for bringing a derivative suit.

The Revised Act Requires That Demand Be Made Upon the Board