Section 153.410 - Discontinuance or Settlement(a) A derivative proceeding may not be discontinued or settled without court approval.(b) The court shall direct that notice be given to the affected partners if the court determines that a proposed discontinuance or settlement may substantially affect the interests of other partners.Tex. Bus. Org. Code § 153.410
Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 899,Sec. 30, eff. 9/1/2019.