GroundRules
Ala. Code § 10A-2A-7.45: Stay of Proceedings.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 2A Alabama Business Corporation Law.
- Article 7 Stockholders.
- Division D Derivative Proceedings.
For the purpose of allowing the corporation time to undertake an inquiry into the allegations made in the demand or complaint commenced pursuant to this division, the court may stay any derivative action for the period the court deems appropriate.
Collected 2026-09-03T14:01:53Z. Source file · JSON