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MISSISSIPPI STATUTES AND CODES
79-29-1103 - Stay of proceedings.
§ 79-29-1103. Stay of proceedings.
If the limited liability company commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding for such period as the court deems appropriate.
Sources: Laws, 1994, ch. 402, § 79, eff from and after July 1, 1994.
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