Code of Alabama - Title 10A: Alabama Business and Nonprofit Entities Code - Section 10A-9A-9.06 - Stay of proceedings

Section 10A-9A-9.06 - Stay of proceedings.

For the purpose of allowing the general partners and the limited partnership time to undertake an inquiry into the allegations made in the demand or complaint commenced pursuant to this article, the court may stay any derivative action for the period the court deems appropriate.

(Act 2016-379, §1.)

Last modified: May 3, 2021