C.R.S. § 7-80-715

7-80-715. Stay of derivative proceeding

Year: 2026Length: 49 wordsOfficial source
7-80-715. Stay of derivative proceeding. For the purpose of allowing the limited liability company time to undertake an inquiry into the allegations made in a demand or complaint commenced pursuant to this part 7, the court may stay any derivative proceeding for such period as the court deems appropriate.
C.R.S. § 7-80-715: 7-80-715. Stay of derivative proceeding | Justis AI