35-2-1303: Stay of proceedings.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 2. NONPROFIT CORPORATIONS
- Part 13. Derivative Actions
If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding for any period the court considers appropriate.
Collected 2026-09-14T04:53:13Z. Source file · JSON