Mich. Comp. Laws » Michigan Compiled Laws / Chapter 450 / Act 23 of 1993
Michigan Compiled Laws

Mich. Comp. Laws § 450.4511 (2026)

Investigation of allegations; stay of derivative proceeding.

✓ current as of July 2026
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MICHIGAN LIMITED LIABILITY COMPANY ACT


Act 23 of 1993


450.4511 Investigation of allegations; stay of derivative proceeding.

Sec. 511.

    If the limited liability company commences an investigation of the allegations made in the demand or complaint, the court may stay any derivative proceeding for a period as the court considers appropriate.

History: 1993, Act 23, Eff. June 1, 1993

Notes of Decisions
Cited in 1 case, 2019–2019 · leading case: Johnathan Parker v. Farmers Ins. Exch. (Mich. Ct. App. 2019).
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Johnathan Parker v. Farmers Ins. Exch. (Mich. Ct. App. 2019). “” MCL 450.4511. -3- 24-hour attendant care from his mother and girlfriend on those days, and no reasonable juror could conclude otherwise.”
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