Mich. Comp. Laws § 450.4511

Current through Public Act 57 of the 2024 Legislative Session
Section 450.4511 - Investigation of allegations; stay of derivative proceeding

If the limited liability company commences an investigation of the allegations made in the demand or complaint, the court may stay any derivative proceeding for a period as the court considers appropriate.

MCL 450.4511

1993, Act 23, eff. 6/1/1993 .