GroundRules
N.C. Gen. Stat. § 55-7-43: Stay of proceedings.
Where this section sits in the code
- Chapter 55. North Carolina Business Corporation Act.
- Article 7. Shareholders.
- Part 4. Derivative Proceedings.
If the corporation commences an inquiry into the allegations set forth in the demand or complaint, the court may stay a derivative proceeding for a period of time the court deems appropriate. (1995, c. 149, s. 1.)
Collected 2026-08-27T18:05:57Z. Source file · JSON