GEORGIA CODE (Last Updated: August 20, 2013) |
Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS |
Chapter 11. LIMITED LIABILITY COMPANIES |
Article 8. DERIVATIVE ACTIONS |
Section 14-11-803. Stay of proceedings
Latest version.
- 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.