Section 7.43: Stay of proceedings
35 words·~1 min read·
/ma/part-i/title-xxii/chapter-156d/7-25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 7.43. 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 as the court considers appropriate.