{"data":{"id":"us-ma/mass.-gen.-laws-ch.-156d-7.45","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 156D, § 7.45","heading":"Discontinuance or settlement","body":"Section 7.45. DISCONTINUANCE OR SETTLEMENT\nA 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 to be given to the shareholders affected.","path":["Part I","Title XXII","Chapter 156D"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156D/Section7.45","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:23:41Z","sha256":"47f1e64cc128bf4eee2013caec732df2c6c4483426e04b734ebab4674ee3f071","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-156d-7.44","next":"us-ma/mass.-gen.-laws-ch.-156d-7.46"},"notice":"GroundRules: Original legal text. Not legal advice."}