{"data":{"id":"us-mi/mich.-comp.-laws-450.2494","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 450.2494","heading":"Derivative proceeding; investigation; issuance of stay.","body":"Sec. 494.\n\nIf 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.","path":["MI Code","Chapter 450","Act Act-162-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-450-2494","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"f9eb593d1cc937715ca6ed0e2b7b99132c2b9bdbe93e558d3e1aade3338d0218","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-450.2493a","next":"us-mi/mich.-comp.-laws-450.2495"},"notice":"GroundRules: Original legal text. Not legal advice."}