Section 14A:3-6.4 - Stay of proceeding.

NJ Rev Stat § 14A:3-6.4 (2019) (N/A)
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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.