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Code · New Jersey · Title 14A — Corporations, General · Chapter 3

14A:3-6.4 Stay of proceeding.

31 words·~1 min read·/nj/title-14a/chapter-3/14a-3-6-4·

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4. If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding as the court deems appropriate.
L.2013, c.42, s.4.
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