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Investigation of allegations; stay of derivative proceeding.

MCL 450.4511
in effect
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450.4511. Investigation of allegations; stay of derivative proceeding. Sec. 511. 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. 1993, Act 23, Eff. June 1, 1993
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-450-4511Fetched: 10/20/2026

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