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Section 79-29-1107 - Stay of proceedings — Mississippi Law | CourtGPT
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  2. Laws/
  3. Mississippi/
  4. Title 79 - Corporations, Associations, and Partnerships/
  5. Chapter 29 - Revised Mississippi Limited Liability Company Act/
  6. Article 11 - Derivative Actions/
  7. Section 79-29-1107 - Stay of proceedings
Mississippi Legal Code

Section 79-29-1107 - Stay of proceedings

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If the limited liability company commences an inquiry into the allegations made in the complaint, the court may stay any derivative proceeding for such period as the court deems appropriate.Laws, 1994, ch. 402, § 83; Laws, 2010, ch. 532, § 1, eff. 1/1/2011.