New Jersey Revised Statutes § 14a:3-6.4 - Stay Of Proceeding.

14A:3-6.4 Stay of proceeding.

4.If the corporation commences an inquiry into the allegations made in the demand or complaint, the court may stay any derivative proceeding as the court deems appropriate.

L.2013, c.42, s.4.


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Last modified: October 11, 2016