{"data":{"id":"us-ct/conn.-gen.-stat.-33-725","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 33-725","heading":"Discontinuance or settlement.","body":"A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.","path":["TITLE 33. CORPORATIONS","CHAPTER 601*. BUSINESS CORPORATIONS","PART VII. SHAREHOLDERS"],"source_url":"https://www.cga.ct.gov/current/pub/chap_601.htm#sec_33-725","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:11Z","sha256":"6199dc1f5e53bd89759fef87b563dd7f7025a17108f767f5b5dbe7e4cbbdbd9c","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-33-724","next":"us-ct/conn.-gen.-stat.-33-726"},"notice":"GroundRules: Original legal text. Not legal advice."}