Discontinuance or settlement.

Miss. Code Ann. § 79-29-1111
in effect
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A derivative proceeding may not be discontinued or settled without the court’s approval.If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the limited liability company’s members or a class of members, the court shall direct that notice be given to the members affected.
Source: Public.Resource.Org MS CodeURL: https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r78/gov.ms.code.title.79.htmlFetched: 10/18/2026

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