[§414-174] Stay of proceedings.
41 words·~1 min read·
/hi/chapter-414/414-174A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§414-174] Stay of proceedings. If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding for a period that the court deems appropriate. [L 2000, c 244, pt of §1]