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

Mich. Comp. Laws § 450.2494: Derivative proceeding; investigation; issuance of stay.

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Where this section sits in the code
  1. MI Code
  2. Chapter 450
  3. Act Act-162-of-1982

Sec. 494.

If the corporation commences an investigation of the allegations made in a demand under section 493 or a complaint in a derivative proceeding, the court may stay the derivative proceeding for a period that the court considers appropriate.

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

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