District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-305.53: Stay of proceedings.

Where this section sits in the code

Title 29. Business Organizations. [Enacted title]
Chapter 3. Business Corporations.
Subchapter V. Shareholders.
Part D. Derivative Proceedings.

If the corporation commences an inquiry into the allegations made in the demand or complaint, the Superior Court may stay any derivative proceeding for such period as the court consider appropriate.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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