57D-8-02. Stay of proceedings.
If the LLC commences an inquiry into the allegations set forth in the demand or complaint, the court may stay a derivative proceeding. (2013-157, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 57D - North Carolina Limited Liability Company Act
Article 8 - Derivative Actions.
§ 57D-8-01 - Member derivative actions.
§ 57D-8-02 - Stay of proceedings.
§ 57D-8-04 - Discontinuance or settlement.
§ 57D-8-05 - Payment of expenses.