Colo. Rev. Stat. § 7-80-715

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 7-80-715 - Stay of derivative proceeding

For the purpose of allowing the limited liability company time to undertake an inquiry into the allegations made in a demand or complaint commenced pursuant to this part 7, the court may stay any derivative proceeding for such period as the court deems appropriate.

C.R.S. § 7-80-715

L. 2002: Entire section added, p. 1725, § 160, effective October 1.