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2020 Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 11 - Limited Liability Companies
Article 8 - Derivative Actions
§ 14-11-803. Stay of Proceedings
Universal Citation: GA Code § 14-11-803 (2020)
If the limited liability company commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative action for such period as the court deems appropriate.
(Code 1981, §14-11-803, enacted by Ga. L. 1993, p. 123, § 1.)
RESEARCH REFERENCES
ALR.
- Construction and application of limited liability company acts - issues relating to derivative actions and actions between members of limited liability company, 48 A.L.R.6th 1.
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