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New Jersey Statutes, Title: 14A, CORPORATIONS, GENERAL

    Chapter 3: General powers.

      Section: 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.

This section added to the Rutgers Database: 2013-04-16 16:17:32.






Older versions of 14a:3-6.4 (if available):



Court decisions that cite this statute: CLICK HERE.