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Maine · Through October 1, 2025

13-C M.R.S. §754: Stay of proceedings

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Where this section sits in the code
  1. TITLE 13-C: MAINE BUSINESS CORPORATION ACT
  2. CHAPTER 7: SHAREHOLDERS
  3. SUBCHAPTER 4: DERIVATIVE PROCEEDINGS

If the corporation commences an inquiry into the allegations made in the complaint or demand under section 753, the court may stay any derivative proceeding for such period as the court considers appropriate.

Collected 2026-09-04T15:12:27Z. Source file · JSON

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