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Georgia · Snapshot Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17

O.C.G.A. § 14-11-804: Discontinuance or settlement.

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Where this section sits in the code
  1. TITLE 14 Corporations, Partnerships, and Associations
  2. CHAPTER 11 Limited Liability Companies
  3. Article 8 Derivative Actions

Except as otherwise provided by the articles of organization or written operating agreement, a derivative action may not be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the limited liability company’s members, the court shall direct that notice be given to the members affected.

Collected 2026-09-17T19:34:57Z. Source file · JSON

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