Mich. Comp. Laws § 450.2494: Derivative proceeding; investigation; issuance of stay.
Where this section sits in the code
- MI Code
- Chapter 450
- 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