10-3635. Discontinuance or settlement
No derivative proceeding may 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 members or a class of members, the court shall direct that notice be given to the affected members.
Section: Previous 10-3621 10-3622 10-3630 10-3631 10-3632 10-3633 10-3634 10-3635 10-3636 10-3637 10-3640 10-3701 10-3702 10-3703 10-3704 NextLast modified: October 13, 2016