Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 450.1494: Stay of derivative proceeding; condition.

Where this section sits in the code

MI Code
Chapter 450
Act Act-284-of-1972

Sec. 494.

If the corporation commences an investigation of the allegations made in the demand or complaint, the court may stay any derivative proceeding for a period as the court considers appropriate.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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