Miss. Code § 79-29-1211

Current through the 2024 Regular Session
Section 79-29-1211 - Enforceability of written agreements to choose forum, authorize arbitration and to choose prescribed manner of service of process

In a written operating agreement or other writing, a manager, member or officer may consent to be subject to the nonexclusive jurisdiction of the courts of, or arbitration in, a specified jurisdiction, or the exclusive jurisdiction of the courts of this state, or the exclusivity of arbitration in a specified jurisdiction or in this state, and to be served with legal process in the manner prescribed in such operating agreement or other writing. Except by agreeing to arbitrate any arbitrable matter in a specified jurisdiction or in this state, a member who is not a manager may not waive its right to maintain a legal action or proceeding in the courts of this state with respect to matters relating to the organization or internal affairs of a limited liability company.

Miss. Code § 79-29-1211

Laws, 2010, ch. 532, § 1, eff. 1/1/2011.