Section 504.634 - Stay of proceedings.

IA Code § 504.634 (2019) (N/A)
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504.634 Stay of proceedings.

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

2004 Acts, ch 1049, §49, 192

Referred to in §504.638, 504.810