{"data":{"id":"us-co/c.r.s.-7-80-717","jurisdiction":"us-co","citation":"C.R.S. § 7-80-717","heading":"Discontinuance or settlement of derivative proceeding.","body":"No derivative proceeding commenced pursuant to this part 7 shall be discontinued or settled without the approval of the court. Where the court determines that a proposed discontinuance or settlement will substantially affect the interests of the members of the limited liability company, the court shall direct that notice be given to the members affected.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 80 - Limited Liability Companies","Part 7 - MEMBERS"],"source_url":"https://olls.info/crs/crs2026-title-07.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"ca3b00038d40330ab3f1e424386d17c4b057f75fab2295c6e197e4f53e29e313","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-80-716","next":"us-co/c.r.s.-7-80-718"},"notice":"GroundRules: Original legal text. Not legal advice."}