Ohio Code 1706.613 – Stay of derivative action
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For the purpose of allowing the limited liability company or the series thereof time to undertake an inquiry into the allegations made in the demand or complaint commenced pursuant to sections 1706.61 to 1706.617 of the Revised Code, the court may stay any derivative action for the period the court deems appropriate.
Terms Used In Ohio Code 1706.613
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.